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  • Reimagine Swadeshi: India’s Manufacturing Ecosystem
    Posted on September 23rd, 2025 in Current Affairs
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    • Hyundai Motors has increased its investment in its upcoming plant in Maharashtra from Rs 7,000 crore to Rs 11,000 crore.

    • This move follows a recent cut in the GST rate on small cars from 28% to 18%.

    • Other companies like Hyundai and Toyota Kirloskar are leveraging India’s domestic market and export potential.

    • Foreign firms like Maruti Suzuki and Toyota have recognized India’s ability to cater to both segments.

    • The business strategy of both domestic sales and exports from India makes sense, especially when tariff and non-tariff barriers are reappearing.

    • India’s domestic market offers a fallback base for firms actively engaged in exports.

    • Prime Minister Narendra Modi’s interpretation of Swadeshi, stating that products should be manufactured in India, signals the right signal.

    • India needs more success-story investments like those of Maruti Suzuki, Hyundai, Apple, and Samsung.

    • Stable policies and schemes with one-time incentives and clear sunset clauses are needed to attract large-scale investment across key sectors where India has potential comparative advantage.

    Swadeshi and Made in India is important topic for Civil service exam (WBCS).

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