Perspectives from ISB

In their article, , Piyush and Seshadri argue that Make In India will happen when small manufacturers are able to connect to the larger global supply networks. The current equilibrium of low productivity, outdated technologies and disconnected supply chains can not be sustained if modern manufacturing enters India. Rather than uproot them enmass their suggestion is to transform the supply base. Their warning is timely because already cheap imports are pushing Indian firms to non-existence.