India geared to be manufacturing powerhouse

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India becoming major manufacturing center, attracting international clients.

Recent research posits that India is poised to become a manufacturing powerhouse. Slowly but surely, it is building a globally competitive manufacturing base in industries like pharmaceuticals, auto components, cars and motorcycles. An impressive infrastructure upgrade, emergence of a large domestic market and the presence of relatively low-cost workers with advanced technical skills have driven companies like Hyundai, Ford, Schneider, Honeywell and Siemens to initiate manufacturing operations here.

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