India's regional industrial growth is influenced by historical legacies, geographical constraints, and policy choices. To promote balanced development, India is focusing on initiatives like 'Make in India' and industrial corridors, addressing infrastructure deficits, promoting skill development, and ensuring effective Centre-state cooperation.
Click to View MoreIndian textile industry faces challenges like outdated technology, fragmentation, and global competition. Government initiatives like the PM MITRA scheme for infrastructure and the Production-Linked Incentive (PLI) scheme aim to address these issues. A key strategy for the future involves embracing technical textiles and sustainable practices to boost competitiveness and exports, leveraging India's rich heritage in the sector.
Click to View MoreThe Made in China 2025 initiative aims to transform China into a global manufacturing superpower by focusing on 10 key industries. China has achieved success in electric vehicles, renewable energy, and biopharmaceuticals. To learn from MIC2025, India should focus on sunrise sectors, boost R&D, and diversify global supply chains.
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