Union Budget 2023: India's economy boomed on the back of its services sector taking off in a big way mainly driven by the IT/ITeS space. Manufacturing was always given a short shrift in a country of a billion plus people with a burgeoning youth population wanting jobs. The big shift came in the form of the Narendra Modi government's Make in India push emphasising the need to pull manufacturing out of the morass it had been for long.
