Discover and read the best of Twitter Threads about #Make_in_India
Most recents (1)
#Make_in_India’ was launched with much fanfare. However, despite opening up several sectoral caps for FDI and improving ‘ease of doing business’ ranking, manufacturing has not picked up as expected. Manufacturing value-added in Q3 2018 is estimated to have moderated to 6.7% (1) 
,sharply down from April-June’s 12.4%. The sector is facing headwinds from both demand and supply sides. Demand has softened as can be seen by growing inventory in the auto sector and softer sales figures of FMCG companies. (2) @narendramodi
The supply side is still limping back after the disruption of the informal SME sectors by demonetization and GST. The eight core sectors that make up about 40% of India’s total industrial output — coal, crude oil, natural gas, refinery products, fertilizer, steel, (3)
