The Economic Times
In The Economic Times, BCG’s Ravi Srivastava notes that as many global companies reconfigure their manufacturing and sourcing strategies due to geopolitical uncertainty, India is emerging as a future export manufacturing powerhouse. A BCG report found that exports from India to the US increased by $23 billion—a 44% rise from 2018 to 2022. “For the past two decades, we have heard talk of India’s potential in manufacturing, often with a lingering question mark. Now, it seems that many of the pieces of the puzzle are falling into place,” Srivastava says.