Business / News

India might be left behind in the tech manufacturing race

Lack of standardisation, quick export-import processes might leave India behind in tech manufacturing.
In the last two years, the pandemic has fuelled the need for self-sustenance and further de-globalisation of production networks in order to reduce industry-level vulnerabilities. At the same time, it has also laid bare India’s piecemeal approach in increasing its meager contribution to the global value chain (GVC).