Attention Economy


Saturday, April 6, 2024

Can India Become a Global Manufacturing Hub?

‘Make in India’: Can South Asian giant surpass China and become world’s biggest factory?
India is looking to capitalize on the shift away from China as companies diversify their global supply chains, before the window of opportunity closes.
 
Musk plots $3bn Tesla factory in India as Modi races to overtake China on electric cars
Move follows deal to cut import tariffs for EV manufacturers that invest in the country.
 
Boeing bets on India R&D and supply chain, seeking turnaround
Boeing has turned to India as an emerging R&D and supply chain hub as it tries to recover from a series of incidents that have shaken confidence in the U.S. aerospace manufacturer.
In January, Boeing opened a new engineering and technology center in the city of Bengaluru, known as India's tech capital. The campus cost 16 billion rupees ($191 million), which Boeing said is the largest investment of its kind outside the U.S.