Sridhar Sivaram says: “We will see manufacturing as the next big theme for India like what happened to auto ancillary. 20 years back, we were just an assembly unit in India. And today, 95% is manufactured within India. The sceptics say that, oh, this is just an assembly unit, not more than 10%. But that is changing. Maybe in the next three years, we will go to 30% manufactured or value added in India.”
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