 "Indian economy, reforms, policy, manufacturing, make in india")
Why hasn’t India managed to become a global manufacturing hub yet, despite the incentives and programmes announced by the government from time to time? The production-linked incentive schemes are again an attempt to make India an attractive global manufacturing hub, but will they be any more successful than previous such attempts in doing so? This question is important to answer for a couple of reasons.
One, the global supply chain disruption and geo-political tension of the last few years have made it imperative for all countries to reduce dependence on China. In early 2020, when the pandemic and the attendant lockdowns
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