New Delhi [India], during the Confederation of Indian Industry (CII) Annual Business Summit 2024, in the session 'Mapping India's Rise in the Realignment of GVCs' on enhancing ease of doing business, meeting global standards, promoting value Emphasis was given. Investment in innovation and basic education should be seen as an important foundation to ensure India's progress in global value chains. The session, moderated by Chief Economic Advisor Dr V Ananth Nageswaran, highlighted the potential of India's auto sector in deepening its footprint in global value chains. Guruprasad Mudlapur, MD, Bosch India, highlighted India's significant expertise in software development. told about.Substantial share in service exports and advanced technologies and R&D efforts can be utilized to develop software-defined vehicles, thereby contributing to the development of the global value chain in the auto sector. Sunil Mathur, MD & CEO, Siemens India, highlighted the emerging nature. GVCs are emphasizing the need for integration across countries with a focus on sustainability, particularly decarbonization and circularity. He emphasized the shift towards technology-driven manufacturing, citing the digitalization of Industry 4.0 as key drivers of increased productivity and quality. While India faces challenges in land acquisition, labor flexibility and tax ratio reliability, leveraging its huge domestic market and prioritizing innovation facilitates deeper integration into GVCs, thereby ensuring competitiveness globally., He further emphasized the fact that trade tensions and technological progress are important. Reshaping GVCs, Deepak Shetty, CEO and MD, JCB India Limited, underlined the fact that India's strategic location provides access to key markets, which promotes FDs in sectors such as automobile, construction equipment and agriculture. Is. Is. However, he stressed the need for India to align with global quality standards and continuously improve them. He elaborated on the important role of the MSM industry in ensuring supply chain resilience.Highlighting the current opportunity for Indian manufacturing globally amid global changes, Banamali Agarwal, Senior Advisor, Tata Sons Pvt Ltd, said India needs to move forward. To participate in value chains and GVCs at scale, a more systemic and process driven approach is needed, focusing on competing on quality rather than cost. H further said that although the country's greatest advantage lies in the size and scale of its workforce, the critical factor for success is to ensure that they have fundamental basic education and discipline.