Manufacturing sector looks for policy continuity, fresh PLIs
policy continuity, capital infusion, and fresh PLI schemes to further bolster India as a manufacturing destination of choice for foreign firms as well as to build a robust and resilient supply chain ecosystem.
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And industry insiders are not worried about the coalition nature of the government. In fact, the entry of Chandrababu Naidu-led Telugu Desam Party's (TDP) into the ruling alliance is also being cheered by the industry as the new Andhra Pradesh chief minister is seen as someone who will push for reform and innovation in the space. He is being viewed as a “force multiplier”.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitMIT xPROMIT Technology Leadership and InnovationVisitIndian School of BusinessProfessional Certificate in Product ManagementVisit“It provides comfort that there are only two main alliance partners (with the BJP), of which Chandrababu Naidu is viewed as an extremely progressive, forward-looking politician and even when it comes to Nitish Kumar, if he wants to keep his prospects bright in Bihar, he would want the state to develop and prosper,” an industry body spokesperson told ET on condition of anonymity.
The new coalition regime would likely indicate a more “uniform distribution” of
