India's Manufacturing is Broken. There's Only One Way to Fix It, says Rajiv Kumar
カートのアイテムが多すぎます
カートに追加できませんでした。
ウィッシュリストに追加できませんでした。
ほしい物リストの削除に失敗しました。
ポッドキャストのフォローに失敗しました
ポッドキャストのフォロー解除に失敗しました
India's Manufacturing is Broken. There's Only One Way to Fix It, says Rajiv Kumar
-
ナレーター：
-
著者：
In this episode of How India's Economy Works, journalist and author Puja Mehra speaks with economist and former NITI Aayog Vice Chairman Rajiv Kumar about why India’s manufacturing sector continues to underperform despite decades of policy attention and repeated attempts to boost industrial growth.
India has long aspired to become a global manufacturing hub, yet manufacturing’s share in GDP has stagnated and labour-intensive sectors such as apparel, leather and food processing have struggled to expand. Drawing on Dr. Kumar’s recent writing and policy experience, the conversation explores why India has failed to build an export-oriented manufacturing economy, why scale and competitiveness remain elusive, and whether the country has become too dependent on the idea of a large domestic market.
They discuss the limitations of production-linked incentives, the persistence of protectionist thinking, and why Indian industry has often preferred domestic shelter over global competition. The episode also examines the contrasting experiences of China, Bangladesh and Vietnam, the role of state governments in export promotion, the challenges facing SMEs, and why labour-intensive manufacturing remains crucial for absorbing surplus workers from agriculture.
The discussion raises larger questions about employment, industrial strategy and India’s long-term growth model. Can manufacturing still become a major engine of jobs and exports? What would it take for India to double its share in global trade? And are policymakers, industry and states aligned enough to make that happen?
Tune in for insights on why India’s manufacturing ambitions continue to fall short — and what it will take to build a more competitive, export-driven economy.
CHAPTERS
(00:00) Introduction
(00:20) Manufacturing Slowdown
(01:01) Export-Led Growth
(02:53) India’s Market Myth
(03:57) Competing With China
(08:37) Rewarding Exporters
(11:51) Bangladesh Garment Success
(12:25) Why Factories Leave India
(15:13) Jobs And Textiles
(16:52) Manufacturing Wake-Up Call
(18:14) Employment Concerns
(21:02) Supporting Smaller Firms
(21:39) Lessons From China
(23:58) Rethinking PLI
(25:51) Bureaucracy And Industry
(26:31) Breaking Policy Silos
For more of our coverage check out thecore.in
Subscribe to our Newsletter
Follow us on:
Twitter |Instagram |Facebook |Linkedin |Youtube