Can India become a global manufacturing hub?
India can be a major player in the global manufacturing supply chain by shoring up IP protection and tapping opportunities in contract manufacturing and firmware design
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By Published: 23 Jul 2021 7:36
Early this year, the Indian government introduced financial incentives for companies to produce IT hardware, underscoring its ambition to boost domestic manufacturing and turn the country into a global manufacturing hub.
The move, which started some years back, has been gaining momentum in the past two years – thanks to the pandemic-hit supply-chain dynamics, as well as geopolitical turbulence.