This article was first published in Business Today
India's manufacturing sector is at a critical juncture. Initiatives like ‘Make in India’ and the Production-Linked Incentive (PLI) schemes have created a conducive environment for growth in sectors such as pharmaceuticals, electronics, and renewable energy. As global supply chains shift and new opportunities emerge, India is expected to corner a major share of the shift. But will this renewed push for manufacturing ensure that its share in the GDP surpasses the 20% mark? Rahul Jain, Managing Director & Senior Partner, and Head of BCG in India spoke with Anand Adhikari about whether India is merely moving in the right direction or is genuinely poised to lead in global manufacturing.