Raksha Sharda, Vice President, Primus Partners & Sarang Khanna, Manager, Primus Partners, highlight India’s continued dependence on imports across both high-tech and everyday goods despite progress in domestic assembly. They emphasize the need to deepen manufacturing capabilities beyond assembly by strengthening supply chains, MSME capacity, and local sourcing.

They recommend policy support through PLI schemes, trade remedies, and anti-dumping actions to reduce import dependence and improve industrial competitiveness.