Budget 2026: India's Manufacturing Conundrum

Without a robust, competitive and growing manufacturing sector, India will never be able to create enough jobs for its youth and harness its demographic dividend. Successive governments and budgets have come up with many plans to revive and promote investment in manufacturing, but the share of the manufacturing sector in the country's GDP remains abysmally low, hovering around the 15% mark for years.

In this episode of Tracking Trends, former secretary of industrial policy and promotion in the Government of India Ajay Shankar joins me to discuss what really is ailing the manufacturing front and how do we fix it, staring with Budget2026.