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Post-COVID Manufacturing Boom: Why India Is the New Factory Floor

How the China+1 strategy and post-pandemic supply chain shifts are driving record manufacturing FDI into India.

A

Accountify Editorial Desk

Finance Expert

10 June 2021
1 min read
1061 views

India's Post-COVID Manufacturing Opportunity

The pandemic triggered a fundamental rethink of global supply chains. India has emerged as the primary beneficiary of the China+1 diversification strategy.

Why India Now?

  • Competitive labour costs with improving infrastructure
  • PLI schemes across 14 sectors worth 1.97 lakh crore
  • Young demographic with median age of 28 years
  • Rapidly improving logistics — dedicated freight corridors operational

Key Sectors Attracting FDI

Electronics manufacturing saw the biggest jump — Apple now manufactures iPhones worth $14B+ in India. Pharmaceuticals, auto components, and textiles are close behind.

Setting Up Manufacturing Operations

100% FDI under automatic route for manufacturing. Key approvals: factory license, environmental clearance, fire NOC, pollution control board consent. Timeline: 3-6 months with proper planning.

Accountify handles all regulatory compliance so you can focus on production. Book a free consultation.

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Tags:

#China plus one India
#manufacturing FDI India 2021
#post COVID FDI India
#India manufacturing hub

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