India has a good shot at slowly ascending global value chains
India's success story in mobile phone exports needs to be viewed as the first step in acquiring a deeper supply chain ecosystem, rather than mere assembly. Densification of supply chains needs to be promoted through easing domestic constraints on manufacturing, rather than trade barriers. China's success in moving up the global value chain by building forward and backward linkages within the country, offers valuable lessons for India.
India's success story in mobile phone exports needs to be viewed as the first step in acquiring a deeper supply chain ecosystem, rather than mere assembly. Densification of supply chains needs to be promoted through easing domestic constraints on manufacturing, rather than trade barriers. China's success in moving up the global value chain by building forward and backward linkages within the country, offers valuable lessons for India.