COVID-19 has impacted our lives in diverse ways, and has brought to the fore the importance of prioritizing domestic manufacturing with an over-dependence on imports. The Indian manufacturing sector has the potential to become a $1 trillion industry by 2025, thus powering industrial and technological growth, creating jobs, claiming export markets, generating revenue and bringing …
The COVID-19 crisis has caused a fundamental shift in the economic outlook of the country. Once coasting along nicely at 8.17%, GDP growth is expected to nosedive to just over 1% in FY 2020-21. Domestic demand and exports have both slowed down considerably. The new normal will take some getting used to, with Indian industry bracing for supply …
Boom or Bust: What the tea leaves say about India’s economic transformation Read More »
As Make in India receives a fillip and we become increasingly vocal for local, the venerable veteran of the Indian automotive industry, R.C Bhargava, Chairman, Maruti Suzuki, offers key insights into making India the manufacturing hub of the world.
