New Delhi, Dec. 3 -- New Delhi: Commerce and industry minister Piyush Goyal on Wednesday asserted that flexibility and technology would be the decisive factors in India's journey towards Viksit Bharat 2047, stating that the future of Indian manufacturing hinges on innovation and strong, resilient supply chains.

Goyal's comments, delivered at the CII India Edge 2025 event in New Delhi, gain significance as recent data reveals a slowdown in the manufacturing sector.

The HSBC India Manufacturing Purchasing Managers' Index, compiled by S&P Global, fell to 56.6 in November from 59.2 in October-the slowest expansion recorded since February. A PMI reading above 50 signifies expansion in activity. Analysts note that higher US tariffs appear to ...