The Manufacturing Sector: Growth Story of India

TABLE OF CONTENTS

4

1. Introduction ............................................................................................................................

5

2. Evolution of Manufacturing: from liberalization to ‘Make in India’ ...................

10

3. The emergence of China+1 diversification strategy ...............................................

12

4. Alternative locations within APAC ................................................................................

18

5. Comparison of India’s Manufacturing Sector ecosystem .....................................

21

6. India’s Boisterous Target - Manufacturing @25% GDP by 2025 .......................

24

7. Impact of PLI on capacity addition and manufacturing outlook ......................

28

8. Fostering better trade relations with the world ......................................................

30

9. Excerpts from C&W’s global manufacturing report, 2022 ..................................

32

10. Real Estate benefits with rising activity in manufacturing sector .................

36

11. Policies are in-place for existing challenges .............................................................

38

12. Conclusions ..........................................................................................................................

Note: All USD to INR conversion is done at 1$ = 82.27 INR

No force on earth can stop an idea whose time has come Victor Hugo

2

Cushman & Wakefield

The Manufacturing Sector Growth Story of India

3