Factories to the fore: India must reboot its growth model before the AI-pocalypse hits its IT sector

First, a global value chain taskforce should identify the top 20 global firms across priority sectors—electronics, EVs, semiconductors, defence, chemicals and medical devices—and pursue them with a whatever-it-takes mandate: bespoke incentives, coordinated Centre-state action and 90-day decision cycles. Apple’s move to India catalysed billions in investment and made us the world’s second-largest mobile phone maker. The lesson: a few strategic anchors can transform a field.