(Minesh Pore is a global trade expert and the CEO of TheBuyHive.com. The article first appeared in The Hindu Business Line on July 28, 2021)
- There are certainly a handful of domains where India has carved a position of manufacturing leadership over the years. Apparel and accessories, textiles, drugs and pharmaceuticals, petroleum products, and motor vehicles are on top of this list. However, we still have a long way to go before our manufacturing can match the success of our services exports, and one of the biggest issues is around certification. Corporations around the world increasingly prefer to source goods from factories that are ISO or BSI certified.