Question

History behind why india is not a manufacturing hub

Answer 1

But that's just the tip of the iceberg. We lack a 'culture of manufacturing' prevalent in Germany and South Korea. This primarily includes your best brains not wanting to join the sector. Its outlook is bleak. Manufacturing lacks linkages. The lack of infrastructure pushes up the logistics cost, which at 14 per cent of GDP is one of the highest globally. The lack of a vocational training system like Berufsausbildung in Germany and Austria means lack of skilled labour, and inadequate capital expenditures by successive governments means high finance cost. This decreases manufacturing competitiveness and visibility of future investments.