Manufacturing

The manufacturing sector is expected to show tremendous growth because of the “Make in India campaign”.

The way we make and receive payments is changing, and manufacturing is no exception. In India, digital payments are becoming more popular and accepted as a way to streamline manufacturing.

India has the potential to become a global manufacturing hub, contributing more than $500 billion to the global economy annually by 2030. Overall, digital payments can help to streamline manufacturing in India.With the increase in the use of digital payments in sectors such as EVs, chips, cars, semiconductors, and power. It has enabled manufacturers to make the payment process more efficient and reduce costs.