India's Production Linked Incentive (PLI) scheme has attracted over ₹2.40 lakh crore in investments, created 1.415 million jobs, and driven exports worth ₹15.2 lakh crore. The scheme is accelerating India's integration into global value chains, reshaping the manufacturing landscape of key industries such as electronics, pharmaceuticals, and medical devices. This article analyzes how the PLI scheme drives supply chain diversification and industrial upgrading from a global manufacturing perspective.
In 2025, India's FDI inflow increased by 44% to $38.89 billion, but greenfield investment commitments plummeted from $111.14 billion to $74.12 billion. Analysis shows that despite policy incentives and market size attracting capital, implementation risks such as land, approval, and judicial issues still hinder the deep-rooted development of manufacturing.
Cambodia's manufacturing sector is emerging as a new node in the global supply chain, but the policy implementation gap hinders industrial upgrading. This article analyzes the key factors for the effective implementation of industrial policies, offering insights for the restructuring of regional manufacturing.
Bangladesh's industrial growth rate has fallen to 2.86%, while the budget predicts 7% growth. This article analyzes the underlying institutional incentives, rent protection, and path dependence from a political economy perspective, and compares them with East Asian industrialization experiences to reveal the common challenges faced by manufacturing in the Global South.
Analyze India's progress toward self-sufficiency in the solar manufacturing sector, exploring the policy drivers behind it, the shift in the industrial chain, and its impact on the global photovoltaic manufacturing landscape.
The Indian state of Gujarat has released its 2026 industrial policy, aiming for a $3.5 trillion economic target. This article analyzes the deep impact of this policy on India's and even the global manufacturing landscape from perspectives such as global supply chain shifts, Industry 4.0 upgrades, and regional competition.
Based on historical analysis and regional comparison, this explores how the Philippines can achieve manufacturing upgrading, green transformation, and social inclusion through modern industrial policies, escaping the low-industrialization trap.
This article starts from the context of the Philippines' long-term deindustrialization, external dependence, and global industrial restructuring, analyzes why modern industrial policy has once again become a core issue of national competitiveness, and discusses the relationship between science and technology education, R&D investment, regional manufacturing competition, and industrial self-reliance.
India’s steel industry is shifting from a traditional heavy industry to a national-level supply chain foundation: driven jointly by expanding domestic demand, raw material security, specialty steel upgrades, and the green transition, the steel sector has become a key pillar in the localization of India’s manufacturing and the restructuring of its industrial competitiveness.