Here are fifteen top reasons why India will never become a manufacturing hub for the world;

1. Expensive Power, expensive fuel (petrol and diesel) due to high taxation.
2. Expensive Manpower, coupled with poorly skilled manpower.
3. Expensive Land.
4. Poor Design Facilities
5. Heavy Taxation.
6. Rampant Corruption top to bottom. Local Politicians and Goons too. Agencies being misused for extortion and forcing people into paying bribes.
7. High Finance costs and corruption in getting finance.
8. Expensive Raw Material.
9. Crony Capitalism.
10. Bureaucratic Red Tape.
11. Poor Policy Framework.
12. Industrialists and Businessmen being looked as source of loot.
13. Expensive Logistics and Warehousing Costs.
14. Poor Management Policies.
15. No External Focus and no attempt to serve the world.

There are other reasons too but to my mind these are the top 15.

Please do add your input and share personal experience that you have doing business or running an industry in India.