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An MNC’s presentation to the Centre argues India is on a four-step arc:
- 2013–16: import-heavy (≈78% sourced overseas);
- 2017–21: import substitution via local assembly;
- 2022–27: scaling exports to build supply-chain resilience;
- 2028: an export- and supply-chain-led stage making India “strategically indispensable.”
The deck contrasts this with China’s edge, duty-free inputs, plug-and-play infra, cheap capital, and scale-rewarding policies, that made the world “dependent” on its chain, underscoring why India must keep deepening components and ecosystem capacity to lock in the shift.
