Is this India's Moment? The Manufacturing Race

Is this India's Moment? The Manufacturing Race

Assessment

Interactive Video

Business, Architecture

University

Hard

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India has transformed from a phone importer to a net exporter, with Samsung and Apple leading. The government aims to replicate this success across various sectors to boost manufacturing's GDP share and create jobs. Challenges include land acquisition, logistics, and automation. Strategies like import tariffs and production incentives are in place, but supply chain indigenization lags. Indian factories add less value compared to China and Vietnam. Opportunities arise from infrastructure investments and the China plus one strategy, as India seeks to become a global manufacturing hub.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of India's government in replicating the phone market success across other sectors?

To boost the share of manufacturing in GDP and create jobs

To increase the import of electronic goods

To decrease the export of goods

To reduce the working age population

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT mentioned as a challenge for India's manufacturing sector?

High logistics costs

Automation issues

Land acquisition problems

Abundance of skilled labor

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy has the Indian government implemented to encourage local manufacturing?

Offering tax breaks to foreign companies

Increasing export tariffs

Providing production incentives

Reducing import tariffs on finished phones

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the 'China plus one' strategy mentioned in the context of India's manufacturing sector?

A plan to increase imports from China

A strategy to diversify supply chains away from China

An initiative to merge Indian and Chinese companies

A policy to reduce trade with China

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What transformation does India need to undergo to become a developed economy, according to the video?

Focus solely on the service sector

Transition from a back office to a global manufacturing hub

Become the world's largest importer

Increase its population growth rate