Renowned investor Mark Mobius emphasizes India's manufacturing prowess but bureaucratic hurdles hindering its potential. He asserts that India, under Prime Minister Narendra Modi's leadership, must address bureaucracy to excel. Mobius notes the trend of manufacturers shifting from China to India due to favourable conditions. He envisions India emerging as a manufacturing hub, especially in electronics and hardware. Mobius predicts India's rise as a major semiconductor player, highlighting its immense potential. He believes that by overcoming bureaucracy, India can unlock its vast manufacturing capabilities and position itself as a global manufacturing powerhouse.
Copyright©2024 Living Media India Limited. For reprint rights: Syndications Today