Lot of Room for growth

1. China Covid Lockdown 
2. China Geo-political Risk 
3. ESHA :: lesser polluting industries in .in

1. PLI outlay of $47.8 billion 
2. 13 key sectors, resulting in an overall increase in exports. 
3. fresh infusion of investment of nearly $50 billion, with a production increase of about $500 billion in the next five years.
4. electronics, pharmaceut...

• supply chain diversification
• Sectoral Advantages 
• Government initiatives
• CAPEX infusion into manufacturing
• M&A activity
• PE/VC led investment in manufacturing.

1. Chemicals
2. Pharmaceuticals
3. Electronics
4. Automotive
5. Industrial machinery
6. textiles

1.  $108 billion in M&A deals in India in 2021
2.  Scope acquisitions outside companies’ core operations == 4/10 
3.  First-time buyers == 80%
4. 15.7% == manufacturing sector
5. Cross-border M&A == 3X in 4Y to 2021 

1. Contract Research and Manufacturing Services (CRAMS)
2. Contract Development & Manufacturing Organisations (CDMO) 
3. operations globally
4. rising cost competitiveness of India.

1. CAGR of 16%–18% = ~$50 billion
2. low cost of manufacturing (30%–35% lower than in the US and Europe), 
3. cost-efficient R&D (about 87% less than in developed markets), 
4. cheap skilled labour.

1. CAGR of 18%–20% ~$75 billion
2. demand from developing markets
3. low cost + PLIs
4. 100% FDI
5. higher M&A activities.

1. CAGR 13%–16% ~$110 billion
2. Complete value chain
3. Competitive cost 
4. PLI scheme ~$1.42 billion
5. Preferential market access to 43 countries under 15 trade agreements

1. CAGR of 35%–40% ~$145 billion
2. strong manufacturing technology 
3. R&D capabilities 
4. end-to-end supply chain improvement.
5. Mobile phone exports = 5X+5Y 

1. FDI investments increased by about 65% between 2015 and 2020
2. Free-trade agreements (FTAs)
3. India-UAE Comprehensive Partnership Agreement (CEPA)
4. India-Australia Economic Cooperation and Trade Agreement (IndAus ECTA)

$418 billion Exports in  FY2022

40% growth over FY2021  

1. Define Clear roadmap : products, geographies, and customers
2. operations models: Direct; Partners; Acquisition 
3. Supply Chain Robustness 
4. business planning: Cash flow & Risk Models 
5. skills : Legal; Internation Relations; Tech - IPR 

1. India’s cost advantage
2. Strong supplier base
3. R&D capabilities
4. Samsung, Wistron, and Foxconn 

35% year-over-year (YOY) 

 FY23 ~ $100 billion

 6X More Capex in 5Y 

$70 billion in 2021

55% UP since 2019

Buoyancy in Manufacturing 

Focus : Pharma + Chemicals