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by spaceman_2020 803 days ago
India will never be a manufacturing hub because of the absurdly high land costs. India is simply uncompetitive because land acquisition eats up into your budget.

The moment any large manufacturing facility is cleared through the red tape, speculators buy up all the land in the vicinity, making the entire supply chain more expensive.

You can work on red tape and ease of doing business, but the simple reason why Indian small and medium manufacturing units never graduate to large scale is because they simply can’t acquire the land to grow.

1 comments

Hence why Modi is fighting to get a supermajority in the Lok Sabha [0].

A 362+ seat range in the LS is enough to push through the LARR repeal without being negatively impacted by defections.

[0] - https://www.thehindu.com/news/national/land-reforms-included...