Manufacturing
The manufacturing industry is an important aspect of the Indian economy, considerably contributing to employment, growth, and exports. Textiles, chemicals, electronics, vehicles, machinery, and other industries are included in the sector. The “Make in India” project in India has greatly increased the manufacturing sector and intends to raise manufacturing’s part of India’s GDP. To boost domestic production, the government has implemented a variety of schemes and regulations, including tax breaks, subsidies, and financial assistance. Legal and regulatory compliance is critical for India’s manufacturing sector. Manufacturers must follow a variety of rules and regulations, such as labor laws, environmental laws, and product liability laws. In addition, the sector has issues with intellectual property protection, counterfeiting, and anti-dumping rules.
