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New Delhi [India], February 25: <\/strong>India has transformed itself in the last 10 years \u2013 from being the 5th<\/sup>\u00a0Largest Economy, having the highest population & having the 2nd<\/sup>\u00a0Largest Road Network in the World. In the Wake of Escalating Trade Wars between United States & its largest trading Partners \u2013 China, Mexico & Canada. Does India have a chance to become the Next Big Manufacturing Superpower? Answer is yes.<\/p>\n India is a large country by sheer size with abundant availability of land to set up Manufacturing plants. Indian Government is making efforts to Improve its Infrastructure for Logistics. India has now the 2nd<\/sup>\u00a0Largest Road Network in the World, only after USA, which is a significant improvement in the last decade. It has launched a detailed \u201cLogistics Policy\u201d to modernize Ports & Railway. With the Modernization of Infrastructure, India aims to reduce Logistics Costs from the current 14-18% of GDP to come closer to the Global Average of 8%, making it more attractive in the Export Market.<\/p>\n Intensifying USA Trade War with China, Mexico, Canada<\/strong><\/p>\n With the Trade War intensifying between USA \u2013 China, Mexico, Canada \u2013 India has now a clear advantage. All US Importers are now looking at Diversifying their Supply chain & reducing their dependence on these countries, while looking to enter New Markets like \u2013 India, Vietnam, Thailand, among others.<\/p>\n India has a definite advantage over others. With its manpower, land & Infrastructure, India can help match the Scale of operations needed to Produce & Export to Countries like US & major EU countries. It also offers an Excellent Infrastructure like a Long Coastline, Deep Sea ports, Growing Number of Airports, Improved Road network & Modernization of Rail Network.<\/p>\n What are the Commodities that India can focus on?<\/strong><\/p>\n To summarize, for India, the Time is Now! India\u2019s Story can be similar to what China\u2019s was in the 1990-2010 decades. If India continues its efforts on improving its Manufacturing Ecosystem & reducing Bureaucracies & Roadblocks, then becoming the Next Big Superpower of Manufacturing will soon be a Reality, rather than just a dream.<\/p>\n About Author<\/strong><\/p>\n Contributed by Sanyukta Kulkarni<\/strong><\/p>\n Sanyukta Kulkarni, is a Senior Route Development Manager for Indian Subcontinent, based in USA. She has been working in the International Logistics Industry the last 18 years across India & USA. For the last 10 years, her Focus has been Building the Trade Corridor between India & USA and to Improve the Business Growth between India & USA Trade Corridor with DB Schenker.<\/p>\n
\nIt has the highest population in the World, a very large young population that is entering work force, making the cost of labor low as compared to most of the major countries. Government is pushing its narrative of \u201cMake in India\u201d Strategy. Moreover, India has launched a \u201cProduction Linked Incentive\u201d or \u201cPLI\u201d Scheme in the last few years to Incentivize factories to increase manufacturing & become more competitive in the Export market. In the latest Budget 2025, India\u2019s Finance Minister Laid Out Initiatives to Increase Funding to the Medium & Small-Scale industries, along with a Boost in spending for Infrastructure \u2013 Beneficial to Boost Overall Exports.<\/p>\n\n