How can India become a manufacturing hub?

Aspiring to become a manufacturing hub like and in fact better than China is appreciated and will be a welcome thought. This however requires a lot of tangible and intangible investments across various aspects. Let us look at some such aspects:- SPECIAL ECONOMIC ZONEs. read more

India can also use the latecomer advantage to develop new products through imitation, reverse engineering and licensing. Korea is an interesting example of how a developing country can transition into a high income and high tech manufacturing country largely through government driven interventions. read more

Currently. power is very unreliable in india. Without constant power supply, turning india into a manufacturing hub is virtually impossible. Transporation: Providing good roads for transportation. Cheaper mode of transportation(This in-turn is linked to less reliability on fossil fuels). New cities: We need to build new better planned cities. read more

Capital, Land, Workers, Entrepreneurship, Stable government, Good economic policies, Supporting infrastructure and Reliable markets. Provide these things and India can become a manufacturing hub. 1) Accept capital from wherever it comes. Invest it properly. 2) Well trained and well paid workforce. Physical and mental health of worker is also important. read more