India, Aug. 12 -- India's manufacturing story has entered a defining phase. Over the past decade, we have made remarkable progress in expanding production capacity, strengthening infrastructure, attracting investments and positioning India as a preferred global manufacturing destination. Today, manufacturing is no longer just an engine of economic growth. It is central to India's aspiration of becoming a developed nation.

While this progress deserves recognition, the next chapter of India's manufacturing journey will be shaped by a different question. The challenge is no longer simply about producing more. It is about whether we can build the capabilities required to sustain that growth.

For years, the conversation around manufacturing ...