Business Standard

Safety essential for sustainable growth

Ensuring safe working conditions is more than a moral obligation---it is crucial for economic success

fiscal deficit, manufacturing
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Amit Tandon
India’s rise as a manufacturing hub has been significantly influenced by geopolitical shifts, with businesses around the world seeking to diversify their supply chains. However, the foundation for this transformation was laid well before these global changes, notably with the launch of the “Make in India” initiative in 2014. This programme was designed to rejuvenate the manufacturing sector by promoting innovation and positioning India as a global leader in production. Central to this initiative are several supportive government policies, including the production-linked incentive schemes, simplified regulatory processes, a focus on infrastructure development, and an emphasis on skill
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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