Event Details
Now is the time for India to seize the opportunity of its much-heralded "manufacturing moment". A tariff war between the US and China, the rapid adoption of e-commerce, the covid-19 pandemic and a change in the global order have led to a rethinking of strategies for reshoring, diversification of supply routes and the localisation of manufacturing. Many companies have become wary of supply-chain overreliance on China — "the world's factory" — and are implementing or considering "China plus one" strategies aimed at spreading manufacturing value add across multiple markets.
As India aims to become a manufacturing powerhouse, where does it stand currently? Prime minister Narendra Modi unveiled several production-linked schemes in 2020 in an attempt to replicate the success witnessed in the electronics trade across other sectors. There are lessons to be learnt from their outcomes and policy changes to be made in order to fortify India's position.
With data and insights from Economist Intelligence, we will showcase how India ranks against its regional and global peers on infrastructure, talent, digital readiness, taxation and foreign investor appeal. We will engage with industry leaders to understand how different industries can navigate the path to high growth and what are their expectations from the government.
Join us we engage in a candid discussion to answer the following:
- How can India increase its appeal as a key 'China+1' market?
- Three years since Make in India launched, what has worked and what must improve?
- How can India take advantage of its demographic to create a highly skilled workforce?
- What are the infrastructure roadblocks to India's manufacturing ambitions? What must change?
- Beyond incentives, what else will sustain investor interest?
- What role will trade alliances play in India's manufacturing plans?