As global disruptions and geopolitical tensions push countries to look beyond traditional players like China, India is emerging as a strong contender. Initiatives such as Make in India and the Production Linked Incentive (PLI) scheme are positioning India to build a robust manufacturing base.
Despite these efforts, India has yet to fully capitalize on its manufacturing potential due to outdated technology, a lack of skilled labour, and inadequate infrastructure.
Currently, manufacturing contributes about 17% to India's GDP and employs over 27.3 million workers.
As India aims for a $5 trillion economy by 2026-27, the manufacturing sector must play an increasingly critical role.
START-UPS IN MANUFACTURING: GAME CHANGERS
Start-ups are vital to revolutionizing India's manufacturing sector by driving innovation, increasing competitiveness, and contributing to economic growth.
Denne historien er fra September 09, 2024-utgaven av The Daily Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra September 09, 2024-utgaven av The Daily Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
'Retirement Can Make You Feel Like An Alien In Tennis': Federer
Tennis great Roger Federer said on Wednesday staying involved with the sport in retirement helped him avoid feeling "like an alien" ahead of this week's Laver Cup tournament in Berlin.
'Stree 2' Makes History, Becomes 'Highest Grossing' Hindi Film Ever
Shraddha Kapoor and Rajkummar Rao's 'Stree 2' has etched its name in cinematic history by becoming the highestgrossing Hindi film ever, surpassing the lifetime collections of Shah Rukh Khan's 'Jawan'.
Imran Khan's Crimes Enough To Keep Him In Prison, Says Pakistan's Defence Minister
Pakistan's Defence Minister Khawaja Asif said on Tuesday that Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan's crimes alone were enough to keep him in prison, Geo News reported.
A day after pagers exploded, walkie-talkies blast across Lebanon
Hand-held radios, or walkie-talkies, used by Hezbollah detonated late Wednesday across southern Lebanon and the southern suburbs of Beirut, according to Reuters, a day after thousands of pagers belonging to the Iran-backed group exploded throughout the country.
Young CA dies of 'work pressure', internet angry
In a shocking case of ‘toxic’ work culture, a 26-year-old employee of a multinational consulting firm “Ernst & Young” (EY) died in Pune due to “work stress” as described by her family.
Mamata blames Centre for 'man-made flood' in Bengal
Several areas in south Bengal face a massive flood risk as the Damodar Valley Corporation (DVC) released 3 lakh cusecs of water from its Panchet and Maithon dams within seven hours on the night of September 16 amid incessant low-pressure rains.
M-pox confirmed in Dubai returnee, second case in India
A 38-year-old man in Kerala’s Malappuram has tested positive for Mpox, health officials confirmed on Wednesday.
JD(U) BACKS, DISAGREES ON LOCAL BODY POLLS
BJP's ally Janata Dal (United) on Wednesday supported simultaneous Lok Sabha and assembly elections but said local body polls should not be clubbed with them.
TDP EXTENDS SUPPORT TO CABINET DECISION
NDA alliance partner and the ruling TDP in Andhra Pradesh on Wednesday welcomed the Union Cabinet's decision to accept a high-level committee's recommendations for simultaneous polls in the country.
GOVT SETS BALL ROLLING FOR SIMULTANEOUS POLLS
Union Cabinet accepts recommendations of a panel headed by former President Ram Nath Kovind on 'One Nation, One Election'
