India's manufacturing sector is moving beyond expanding production capacity towards building stronger domestic supply chains, developing technology and increasing its participation in global markets, the Confederation of Indian Industry (CII) said on Thursday, as the Make in India initiative completed 12 years.
In a statement released on the anniversary of the initiative, CII said the next phase of India's manufacturing growth must focus on greater domestic value addition, particularly in technology-intensive sectors, alongside stronger supply chains and deeper integration with global production networks.
