Where are govt policies taking India ?
Looking ahead to India’s job market in 2035 , keeping in view the Rajan–Vembu debate on industrial policy and IP ownership, here’s a structured outlook: Manufacturing jobs If India follows Rajan’s free‑market approach, manufacturing may remain low‑wage, assembly‑focused , similar to Mexico’s maquiladora model. If Vembu’s industrial policy vision succeeds, manufacturing could shift toward higher value‑addition (semiconductors, electronics, R&D‑linked production), creating better‑paying roles. Technology & IP‑driven sectors By 2035, countries owning intellectual property (AI, biotech, clean energy, semiconductors) will capture most of the value. India’s ability to invest in R&D and protect IP will decide whether jobs are innovative and high‑paying or remain service‑oriented and low‑margin . Services & IT Automation and AI will reduce routine coding, testing, and BPO roles. New opportunities will emerge in AI product management, cybersecurity, cloud, and data science —...