BEIJING: India has been ambitious enough to become the world’s next manufacturing center after China, but in reality, it falls short of achieving manufacturing levels sufficient for its own populace.
Difficulties such as poor infrastructure, a complex policy environment, lack of skilled workers, and imbalanced industrial structures need to be properly addressed or they will become a bottleneck in manufacturing development. In this sense, while India’s urgency to accelerate domestic manufacturing is understandable, the push may backfire on its economy if there is a mismatch between domestic industrial capability and expectations, according to an article published by Global Times on Tuesday.
Indian policymakers need to rethink whether the recent rush for local manufacturing is too aggressive and whether it really suits its own production conditions. After all, quality rather than speed is always the top priority for a country’s manufacturing sector, no matter its size.India’s Defence Minister, Rajnath Singh announced recently that the country will stop the import of 101 types of military equipment in a bid to boost domestic weapon production and improve self-reliance in the defense sector.
Some Indian netizens questioned whether India has the capability to produce these items to a high enough quality.
–The Daily Mail-Global Times news exchange item
