![]() “We have taken a choice that initially we will focus on finished goods.”ĭon’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. “I have the choice either to cut down my finished goods imports or raw material imports,” Sahai said. “What China offers to companies, India can’t at this stage.”Ījay Sahai, director general and chief executive officer of exporters lobby the Federation of Indian Export Organizations, is confident India will be able to ramp up its manufacturing capabilities, but acknowledges it’ll need imports to do so. “Getting hooked off China won’t happen because downstream industry is always going to prefer cheap imports that are coming in. That’s because China is so deeply entrenched in global supply chains, whereas India suffers from layers of red tape, inefficient workers and low innovation in manufacturing industries. From Buzz and Woodys budding friendship to the sweet romances the toys find, Pixar introduced everyone to the world of a toy. ![]() ![]() A government spokesman didn’t respond to an email and a text message seeking comments.īiswajit Dhar, a professor of economics at Jawaharlal Nehru University in New Delhi, says taking China’s mantle as ‘Factory to the World’ won’t be easy, despite the fact that many companies are looking to diversify their supply chains due to geopolitical tensions. ![]()
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