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India Eyes Industrial Park Route to Turn Factory Powerhouse

Mint Hyderabad

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December 26, 2024

India's move to create such dedicated manufacturing parks is an attempt to replicate China's success, where these parks have played a big role, the first official cited above said.

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Shops that make the uppers in the footwear are available to be outsourced there itself. Where does that concept exist in India?

A banker, who deals with a lot of global companies, said that India should work on planned manufacturing centers like China.

"India has seen manufacturing grow, but China's development has been more focused," this person said, also requesting anonymity. He added that the parks would help attract several global corporations that want to enter India.

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