Make in India Needs Export Focus for Real Success, Warns Expert

Since Prime Minister Modi launched "Make in India" in 2014, manufacturing growth has been underwhelming. While mobile phone exports, driven by Apple's global supply chain, have succeeded, overall manufacturing stagnates. From 2012-13, exports were 20% of sales, but last year they fell below 7%. Indian manufacturers are not focusing on exports, which limits growth. The government's focus on reducing imports and increasing protectionism is part of the problem. To truly boost manufacturing, India must support exporters, improve logistics, and avoid protectionist policies that limit global competitiveness.



Related News

{{ news.title }}

Trending News

{{ news.title }}