The three primary assets to capitalise on this opportunity are potential for significant domestic demand, govt’s drive to encourage manufacturing and young workforce.
Index shows optimism Indian industry has in country’s economic resilience at a time when global economic growth is witnessing headwinds due to tightening financial conditions, geopolitical tensions.
The minister wanted Indian industry to attract such manufacturers to set up their additional base in India to source some of their production requirements locally with an eye on global markets.
CII CEOs poll reveals regardless of current disruptions, top industry CEOs have an “upbeat outlook” for H1 FY23
