India’s fast-track FDI approvals mark a shift towards greater integration with global supply chains
Electronics, EVs and renewable energy depend on sectors such as rare-earths, batteries and semiconductors
Manufacturing’s share in GDP remains well below the government’s long-standing 25% target
High logistics costs, skill shortages and compliance burdens continue to weaken competitiveness
Delayed labour reforms and land acquisition hurdles have slowed industrial expansion
India must ask why it is still missing the manufacturing opportunities opening beyond China