India, Oct. 4 -- Forget basic manufacturing, let go of conventional sectors, and no point in thinking about energy and mining. As the present is tense with trade, economic, and geopolitical disruptions, large businesses and nations seek to ring-fence futures. While India wants to become a traditional global manufacturer through 'Make in India,' Europe, Japan, China, South Korea, and Taiwan wish to use FDI (Foreign Direct Investment) to target 'future-shaping industries.' The latter hope to target sectors that will reshape the global economy.

Data centres that power Artificial Intelligence (AI), semiconductor fabrication facilities, electric vehicles, advanced manufacturing (robots), and battery-making are on the radar of those who hope t...