india: India wants to become the manufacturing hub. What it can learn from China, Taiwan, and South Korea

india: India wants to become the manufacturing hub. What it can learn from China, Taiwan, and South Korea


Workers at a factory of car manufacturer Daimler in Chennai.

Synopsis

Dedicated economic zones, making local players competitive at international level, and focusing on export-led growth have been the key takeaways in the manufacturing journeys of Asian powers like Taiwan, South Korea, and China. India plans to be the next exporting hub. It can take some lessons and chart its own path.

(Intro by Pravin Palande) The last week was eventful. While the Adani Group companies grappled with a short-seller’s report, we also had a Union budget with a huge outlay for infrastructure and manufacturing. India has lacked in this space for the last many years. But things are moving. Since April 2020, the BSE Manufacturing Index has given a return of 108% while the Sensex has returned 114% for the same period. While there is an

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Author: Shirley