India: Deserves to be The World’s New Manufacturing Hub
DOI:
https://doi.org/10.33516/maj.v55i8.50-55pKeywords:
No Keywords.Abstract
In view of the recent ecological and geopolitical developments in the world, there is a strong quest for world’s new manufacturing hub. This article makes an attempt to discuss the strong claim of India for this position because of its political, economical, geographical and legal edges. This article concludes with opportunity available to India and the need of policy makers to encash the same.Downloads
Download data is not yet available.
Downloads
Published
2020-08-31
How to Cite
Shastri, N. M., & Jain, G. (2020). India: Deserves to be The World’s New Manufacturing Hub. The Management Accountant Journal, 55(8), 50–55. https://doi.org/10.33516/maj.v55i8.50-55p
Issue
Section
Cover Story
References
1. (2019, August 13). Retrieved June 22, 2020, from https:// www.timesnownews.com: https://www.timesnownews.com/technology-science/article/mission-mangal-isro-s-low-budget-mangalyaan-is-the-most-cost-effective-mission-to-mars-ever/468274
2. Aranca. (n.d.). Operational-Excellence-in-IndianManufacturing. (I. B. Foundation, Ed.) Retrieved May 17, 2020, from IBEF: https://www.ibef.org/ download/Operational-Excellence-in-Indian-Manufacturing-310512.pdf
3. Aspiring Minds. (2017, July 26). Press Release. Retrieved June 24, 2020, from https://aspiringminds.com/: https://aspiringminds.com/press-releases/nsdc-partners-with-global-job-skills-credential-leader-aspiring-minds-to-recognize
4. Athreya, M. B. (2020). Message. Sovenir of Global Summit 2020 - Mission 5 Trillion - CMA As a Cryogenic Force. New Delhi: The Institute of Cost Accountants of India.
5. D. D. (2020). Google. Retrieved from Narayan Health: https://www.narayanahealth.org/
6. Deloitte. (2016). 2016 Global Manufacturing Competitiveness Index.
7. Desjarnis, J. (2017, September). Visual Capitalist . Retrieved from Visual Capitalist : https://www.visualcapitalist.com/2000-years-economic-history-onechart/
8. Eccles, R. (2001). The Value Reporting Revolution.
9. Economic History of India. (2020, June 24). Retrieved from https://en.wikipedia.org/: https://en.wikipedia.org/wiki/Economic_history_of_India
10. Economic Times. (2020, May 15). Retrieved from Economic Times: https://economictimes.indiatimes.com/news/international/world-news/us-senator-unveils-18-point-plan-to-hold-china-accountable-for-coronavirusoutbreak/articleshow/75750561.cms
11. Economy. (2020, June 8). Retrieved June 24, 2020, from https://www.thehindubusinessline.com/: https://www.thehindubusinessline.com/economy/govt-may-considerextendingdeadline-for-availing-15-corporate-tax-ratebenefit/article31781035.ece
12. Editor’s Worlddata. (2020). Google. Retrieved from https://www.worlddata.info: https://www.worlddata.info/ asia/india/index.php
13. Ellis, C. D. (2014, June). Google. Retrieved from China Briefing: https://www.china-briefing.com/news/chinaaseanwage-comparisons-70-production-capacity-bench mark/?hilite=%27LABOUR%27%2C%27COST%27
14. Essays, UK. (2018, November). Political Stability A Big Positive For India – Essay. Retrieved June 21, 2021, from https://www.ukessays.com/images/footer/livechatlg.pnghttps://www.ukessays.com/essays/politics/politicalstabilitya-big-positive-for-india-politics-essay.ph
15. European Parliament. (2014, October). India: the biggest democracy in the world. Retrieved June 21, 2020, from https://www.europarl.europa.eu/RegData/etudes/ ATAG/2014/538956/EPRS_ATA%282014%29538956_ REV1_EN.pdf
16. How PM Modi changed the face of Indian foreign policy. (2021, June 21). Retrieved from https://www.dw.com/ en/how-pm-modi-changed-the-face-of-indian-foreignpolicy/a-48618235
17. IMF. (2020, April). Retrieved from IMF: https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/ OEMDC/ADVEC/WEOWORLD/USA/CHN/JPN/DEU/IND
18. IMF. (2020). Retrieved from IMF: https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD
19. IMF. (2020, February 29). Retrieved from IMF: https:// www.jagranjosh.com/current-affairs/india-has-becomeworlds5th-largest-economy-imf-report-1582882998-1
20. Karim R. Lakhani, M. I. (2016, May). https://www.hbs.edu/faculty/. Retrieved from https://www.hbs.edu/: https://www.hbs.edu/faculty/pages/item.aspx?num=50096
21. Lisa Goldapple. (2016, September 19). Google. Retrieved from http://breakthrough.unglobalcompact.org/: http://breakthrough.unglobalcompact.org/briefs/cipla-indias-robin-hood-of-drugs-yusuf-hamied/
22. Mahajan, C. A. (2020, January). Mission ‘Make In India’ …. For the World. Sovenir of Global Summit 2020 - Mission 5 Trillion - CMA As a Cryogenic Force (pp. 76-79). New Delhi: The Institute of Cost Accountants of India. Retrieved from Souvenir ICMAI: Souvenir ICMAI CMA Ajay Mahajan Mission Make in India for the world
23. Menon, A. (2019, August 26). India’s Visibility Issues. Economic Times.
24. Ministry of Skill Developement & Entrepreneurship. (2020, June 24). National Skill Development Mission. Retrieved from https://www.msde.gov.in/: https://www.msde.gov.in/nationalskillmission.html
25. Mittal, S., & Shastri, N. (2018). Risk Analysis in Banking Sector Stocks in Indian Capital Market. The Management Accountant, 53(4), 48-52.
26. News Services Devision All India Radio. (2019, October 25). News Highlights. Retrieved June 24, 2020, from http://newsonair.nic.in/: http://newsonair.nic.in/MainNews-Details.aspx?id=373421
27. NSDC. (n.d.). About Us. Retrieved June 22, 2020, from https://nsdcindia.org: https://nsdcindia.org/about-us
28. Shastri, A., & Shastri, N. (2014). HR Disclosures by SBI and its Listed Associates. The Management Accountant, 49(12), 38-41.
29. Shastri, N. (2020). Cashless India & Digital Banking: Levers for Mission 5 Trillion. Sovenir of Global Summit 2020 - Mission 5 Trillion - CMA As a Cryogenic Force (pp. 25-29). New Delhi: The Institute of Cost Accountants of India.
30. Shastri, N., & Rajpurohit, N. (2017). Employee Engagement Analytics: Enhancing the Firm Value. The Management Accountant, 52(11), 31-35.
31. Shastri, N., & Rajpurohit, N. (2018). Engaging the Millennials: Need of the Hour for Indian PSBS. The Management Accountant, 53(1), 22-26.
32. Shastri, N., & Vaidya, P. (2019). Cashless India: The Way Ahead. The Management Accountant, 45-51.
33. Shastri, N., Shastri, A., & Agrawal, N. (2015). Mandatory Cost Audit and Investor Trust. The Management Accountant, 50(9), 41-45.
34. Shastri, N., Wadhwa, R., & Rampal, Y. (2018). Skill Gap in Accounting Education for Prospective Managers. The Management Accountant, 53(11), 66-70.
2. Aranca. (n.d.). Operational-Excellence-in-IndianManufacturing. (I. B. Foundation, Ed.) Retrieved May 17, 2020, from IBEF: https://www.ibef.org/ download/Operational-Excellence-in-Indian-Manufacturing-310512.pdf
3. Aspiring Minds. (2017, July 26). Press Release. Retrieved June 24, 2020, from https://aspiringminds.com/: https://aspiringminds.com/press-releases/nsdc-partners-with-global-job-skills-credential-leader-aspiring-minds-to-recognize
4. Athreya, M. B. (2020). Message. Sovenir of Global Summit 2020 - Mission 5 Trillion - CMA As a Cryogenic Force. New Delhi: The Institute of Cost Accountants of India.
5. D. D. (2020). Google. Retrieved from Narayan Health: https://www.narayanahealth.org/
6. Deloitte. (2016). 2016 Global Manufacturing Competitiveness Index.
7. Desjarnis, J. (2017, September). Visual Capitalist . Retrieved from Visual Capitalist : https://www.visualcapitalist.com/2000-years-economic-history-onechart/
8. Eccles, R. (2001). The Value Reporting Revolution.
9. Economic History of India. (2020, June 24). Retrieved from https://en.wikipedia.org/: https://en.wikipedia.org/wiki/Economic_history_of_India
10. Economic Times. (2020, May 15). Retrieved from Economic Times: https://economictimes.indiatimes.com/news/international/world-news/us-senator-unveils-18-point-plan-to-hold-china-accountable-for-coronavirusoutbreak/articleshow/75750561.cms
11. Economy. (2020, June 8). Retrieved June 24, 2020, from https://www.thehindubusinessline.com/: https://www.thehindubusinessline.com/economy/govt-may-considerextendingdeadline-for-availing-15-corporate-tax-ratebenefit/article31781035.ece
12. Editor’s Worlddata. (2020). Google. Retrieved from https://www.worlddata.info: https://www.worlddata.info/ asia/india/index.php
13. Ellis, C. D. (2014, June). Google. Retrieved from China Briefing: https://www.china-briefing.com/news/chinaaseanwage-comparisons-70-production-capacity-bench mark/?hilite=%27LABOUR%27%2C%27COST%27
14. Essays, UK. (2018, November). Political Stability A Big Positive For India – Essay. Retrieved June 21, 2021, from https://www.ukessays.com/images/footer/livechatlg.pnghttps://www.ukessays.com/essays/politics/politicalstabilitya-big-positive-for-india-politics-essay.ph
15. European Parliament. (2014, October). India: the biggest democracy in the world. Retrieved June 21, 2020, from https://www.europarl.europa.eu/RegData/etudes/ ATAG/2014/538956/EPRS_ATA%282014%29538956_ REV1_EN.pdf
16. How PM Modi changed the face of Indian foreign policy. (2021, June 21). Retrieved from https://www.dw.com/ en/how-pm-modi-changed-the-face-of-indian-foreignpolicy/a-48618235
17. IMF. (2020, April). Retrieved from IMF: https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/ OEMDC/ADVEC/WEOWORLD/USA/CHN/JPN/DEU/IND
18. IMF. (2020). Retrieved from IMF: https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD
19. IMF. (2020, February 29). Retrieved from IMF: https:// www.jagranjosh.com/current-affairs/india-has-becomeworlds5th-largest-economy-imf-report-1582882998-1
20. Karim R. Lakhani, M. I. (2016, May). https://www.hbs.edu/faculty/. Retrieved from https://www.hbs.edu/: https://www.hbs.edu/faculty/pages/item.aspx?num=50096
21. Lisa Goldapple. (2016, September 19). Google. Retrieved from http://breakthrough.unglobalcompact.org/: http://breakthrough.unglobalcompact.org/briefs/cipla-indias-robin-hood-of-drugs-yusuf-hamied/
22. Mahajan, C. A. (2020, January). Mission ‘Make In India’ …. For the World. Sovenir of Global Summit 2020 - Mission 5 Trillion - CMA As a Cryogenic Force (pp. 76-79). New Delhi: The Institute of Cost Accountants of India. Retrieved from Souvenir ICMAI: Souvenir ICMAI CMA Ajay Mahajan Mission Make in India for the world
23. Menon, A. (2019, August 26). India’s Visibility Issues. Economic Times.
24. Ministry of Skill Developement & Entrepreneurship. (2020, June 24). National Skill Development Mission. Retrieved from https://www.msde.gov.in/: https://www.msde.gov.in/nationalskillmission.html
25. Mittal, S., & Shastri, N. (2018). Risk Analysis in Banking Sector Stocks in Indian Capital Market. The Management Accountant, 53(4), 48-52.
26. News Services Devision All India Radio. (2019, October 25). News Highlights. Retrieved June 24, 2020, from http://newsonair.nic.in/: http://newsonair.nic.in/MainNews-Details.aspx?id=373421
27. NSDC. (n.d.). About Us. Retrieved June 22, 2020, from https://nsdcindia.org: https://nsdcindia.org/about-us
28. Shastri, A., & Shastri, N. (2014). HR Disclosures by SBI and its Listed Associates. The Management Accountant, 49(12), 38-41.
29. Shastri, N. (2020). Cashless India & Digital Banking: Levers for Mission 5 Trillion. Sovenir of Global Summit 2020 - Mission 5 Trillion - CMA As a Cryogenic Force (pp. 25-29). New Delhi: The Institute of Cost Accountants of India.
30. Shastri, N., & Rajpurohit, N. (2017). Employee Engagement Analytics: Enhancing the Firm Value. The Management Accountant, 52(11), 31-35.
31. Shastri, N., & Rajpurohit, N. (2018). Engaging the Millennials: Need of the Hour for Indian PSBS. The Management Accountant, 53(1), 22-26.
32. Shastri, N., & Vaidya, P. (2019). Cashless India: The Way Ahead. The Management Accountant, 45-51.
33. Shastri, N., Shastri, A., & Agrawal, N. (2015). Mandatory Cost Audit and Investor Trust. The Management Accountant, 50(9), 41-45.
34. Shastri, N., Wadhwa, R., & Rampal, Y. (2018). Skill Gap in Accounting Education for Prospective Managers. The Management Accountant, 53(11), 66-70.
Free Sample
Editorial Policy
