India's new era of manufacturing is starting small

Spending on defense and infrastructure stimulates Bengaluru 'hard tech' startups

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Indian Prime Minister Narendra Modi launches his Make in India campaign in 2014: It is only now that the promise of manufacturing and hard tech is being realized. © Reuters

Henny Sender is a strategic consultant to financial services companies and was previously a managing director at investment company BlackRock and a correspondent for the Financial Times.

The grimy Peenya industrial area of Bengaluru is a world away from the lush green parks and gleaming office towers of the city that has become the face of digital India and the software capital of Asia.

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