New Delhi, Nov. 23 -- Nivruti Rai, Managing Director & CEO of Invest India, today outlined a strategic vision to accelerate India's economic transformation through high-quality foreign direct investment (FDI), tech collaboration and rapid scaling of small and medium sized enterprises (SMEs).
While addressing industry leaders at PHDCCI here, Ms Rai stressed that India's next wave of growth hinges on strengthening manufacturing and building resilient, localised supply chains.
She noted that while the country has benefited from its strong services and consumption-led economy, the path to doubling Gross Domestic Product (GDP) will require MSMEs to shift gears and invest in technology-driven manufacturing capabilities.
" Reducing dependency o...