Lead Story

Can the country’s manufacturing push be sustained with ‘PLIS’ and thank you?

With the second wave of Covid-19 pushing the economy into another downward spiral, the burden is now on the PLI scheme to revive growth

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Made-in-China got terrible press in 2020, thanks to the spiked virus, which is still widely believed to have originated in China. We can argue about the virus’ origin till we turn blue, but we can all agree that the pandemic has caused a steady decline in the fondness for manufacturing and sourcing from the country. In fact, even before the pandemic sent everyone indoors, the appeal of the country as a supplier was fading fast.