Designing a smart PLI programme
March 04, 2021
Manufacturing success The new scheme must look to value creation instead of just assembling components - Bloomberg
Manufacturing success The new scheme must look to value creation instead of just assembling components - Bloomberg×
Genuine value addition, creating jobs that go beyond mere assembling and boosting exports must be the aim
A steady transformation of the global production map is underway, triggered by the Covid pandemic. India with its massive domestic market and a mature industrial eco-system, presents a very attractive option. And despite significant skill constraints, India still has one of the largest pool of workers in absolute numbers across all skill categories.