Seeing a lot of neo-liberal economics dogma here in the comments, and so would like to recommend this excellent book: https://www.amazon.co.uk/How-Asia-Works-Su

Seeing a lot of neo-liberal economics dogma here in the comments, and so would like to recommend this excellent book: https://www.amazon.co.uk/How-Asia-Works-Success-Failure/dp/1846682436 https://www.amazon.co.uk/How-Asia-Works-Success-Failure/dp/1.... It has an excellent account of how manufacturing (supported by heavy protectionism from the state) was a crucial component of the Asian miracle in nearly all countries. IMO India really needs to go through a round of manufacturing expansion, preferably in the high-tech sectors.