But, apart from our prowess, there are greater forces at work that can place India at the top of the manufacturing heap. According to a CII-BCG report released in December, Chinas wages have increased almost 15% per annum since 2009, compared to 1.8% for the US, 0.7% for the EU and, pertinently, 4% in India. This sharp rise in wages in China, coupled with a strengthening renminbi, is making manufacturing there less attractive than it once wasto Indias advantage. But, if we are to fully exploit this advantage, there is much to do within the country itselfthe government approval process has to be sped up, labour laws made easier, R&D spending increased and infrastructure, especially electricity and transport, needs to be hugely upgraded. Global forces are conspiring to bring manufacturing back to India, we shouldnt let them, and ourselves, down.