How MODI can DESTROY China to make INDIA the next manufacturing hub | China+1 strategy | Case study

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About The Video:

India’s untapped potential
With $3.2 trillion in GDP, India is the world’s sixth-largest economy. Yet manufacturing accounts for only 16 percent of the country’s GDP, compared with the services sector’s nearly 52 percent.

India represents only 3.1 percent of the world’s manufacturing output, a tenth of what its neighbor China contributes. Clearly, India is punching below its weight in manufacturing.

Growth in manufacturing is crucial for India’s economic development. To capitalize on the demographic dividend, India must create nearly one million jobs per month over the next decade.

Manufacturing has the potential to provide large-scale employment to the young Indian population and thereby enable a significant section of the population to move out of poverty.

With this in mind, the Indian government has adopted “Make in India” as a core policy initiative to encourage and accelerate growth of the country’s manufacturing sector.


Tags-
India wants to become the manufacturing hub. What it can learn from China, Taiwan, and South Korea

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How India can become Global Manufacturing Hub? Why India's share is poor in global trade? #UPSC #ias

Can India Become The World's Manufacturing Hub

India Manufacturing Hub | Really? Can India Become The World's Manufacturing Hub | Future India

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will india be the next manufacturing hub

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Video Timings-
Introduction- 00:00
Chapter 1- Why China is world's factory - 01:17
Chpater 2- Bye Bye China- 03:16
Chapter 3 - Which country can replace China? - 07:19
Chapter 4- India's masterplan to replace China - 08:06
Chapter 5- Roadblocks for India - 14:29
Ending Credits- 17:20

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