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Podcast: businessline's State of the Economy Podcast
Episode: Theme: Manufacturing | Will India’s contract manufacturing sector be affected by Trump’s reciprocal tariffs?
Description: In this State of the Economy podcast, Aishwarya Kumar discusses the rapid rise of contract manufacturing in India and its connection to global trade shifts, particularly US tariffs. Amrit Acharya, co-founder, Zetwerk, and Nikhil Rao, VP - Operations, Flex India share their insights on the evolving landscape.Amrit highlights that the growth of contract manufacturing in India has been fuelled by a combination of favorable macroeconomic conditions and the government’s GST reforms. He emphasises the shift in global manufacturing patterns, with India emerging as a key alternative to traditional hubs. The domestic market’s siz...