Narendra Modi’s flagship growth scheme is off to a sluggish start

Yet the country’s exports remain a little lopsided for the tastes of Narendra Modi, who is currently seeking (and likely to obtain) a third term as prime minister. Although India is a services superpower, it plays only a small role in global manufacturing supply-chains, including for generic drugs and phones. Indeed, over the past decade, its share of global goods exports has stagnated at around 1.8%.