Indian Prime Minister Narendra Modi speaks at the opening ceremony of ‘Make in India Week’ in Mumbai in 2016.Photo: AFPIndia wants to unseat China as the new ‘factory of the world’.But it won’t be easy- For multinational manufacturers, the pandemic has driven home the importance of diversifying supply chains, with many now looking to India- With its large economy and young population, India has the potential to be a manufacturing powerhouse.But its bureaucracy and red tape are infamousIndian Prime Minister Narendra Modi speaks at the opening ceremony of ‘Make in India Week’ in Mumbai in 2016.Photo: AFP"