This is just because of the Lack of infrastructure. Mostly we see in India only IT sector has always been at a boom but as far as manufacturing is concerned.its very limited.
Basically India lack in the field of development.despite so much boom in the IT industry.still India is unable to develop any world leading software like windows, etc. As far as electronics is concerned, we have potential engineers that can work in core fields of development but due to the lack of infrastructure, its still not possible to provide them a suitable platform to showcase their skills.

The Indian govt should take some steps to enhance development of certain units that will be engaged in the core development processes.It will be beneficial in two ways.
1. Brain drain will reduce to a great extent.
2. The load that IT sector is facing today will also be greatly reduced.

Moreover it will add to India's development into a Developed Nation. We have all the manpower now we should show the world that we are the best in manufacturing also

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Our indians has both man power and mind power but we are using only man power because we are not having required platform to develop our mind power.

India having 30 crors youngsters but US has 31crores 20 lacks people only. There are 28, 43, 391 Indians in US. Why they were moved to there? why couldn't develop a new IT Industry?

In India there is no resources like R&D (Research and development). So our graduates couldn't proved their innovations and develop industry in India.

See, japan is a small country only 127 million people over there but their IT and other industry growth is rapidly increasing because the main reason is they have R&D for every sector.

My perspective is, Comparing with other nation we have more man power and mind power, we can do anything. But some people are not willing to take risk while earning more money by IT but Some people has to take risk and try to be a entrepreneur, they are not having that much of money. So without the cooperation of the government it is not quite possible to start this industry.

According to my view we are not as good in manufacturing as compared to BPO's/IT sectors because every one in today's fast world want to make money in quick succession. In IT's/BPO's you can operate from a room on a server and make quick money and get your company benefited. But in manufacturing field we have to struggle. Look for resources, raw material, permission from govt agencies which is a long process because corrupt politician and bureacrats delay the whole things, huge amount of money and patience. Since we are lacking in spirit and resources, opting for manufacturing carrier is not fruitful. Just take an example of TATA Nano factory at Singur West Bengal. Once the whole thing is set up and the company was about to delivered the cars in the market, the politics started its dirty game and forced TATA to shut the manufacturing plant. Here, the focus is not development but the focus is on vote bank because we technology will reach in villages the people will be more educated and advanced. They can think what is wrong and right. So our politicians think that the villagers should not experience a steep progress so that their mind is changed. Due to problem like acquisition of land, mining, lack of raw materials, lack of infrastructure, roads connectivity manufacturing plant in India is still a dream come true.

India has resources required for Manufacturing like Market(Domestic) + Raw Material. What it lacks is Infrastructure ( which is very apparent)

I think our basic Problem is TRAINED Manpower, and Leaders. Here I am NOT talking of Political Leaders, but Entrepreneurs, who think LONG TERM and can MOTIVATE team, have CLARITY of thoughts

We boast of having Graduate Engineers / Accountants / and various other fields. But does our Education System TEACH them / Prepare them / Train them for work environment?

India has Medium & Small sectors which contribute to more than 40% of Manufacturing. The Manpower is not even aware of IMPORTANCE of being on Time and 100% attendance

TRAINING of Skills should also include TRAINING or GROOMING for the PRODUCTION activities!

Indian people have both Man Power and Mind Power. But mostly Indian people use only Man power because they have no suitable platform, India have less resources.

One another thing in Indian people that they have talent but they can't express their talent so they didn't get job as they want or according their talent due to lack of communication skills, so they change their job or goal.

Second thing is investment in manufacturing industry and a IT/BPO company, after completing graduation a student can open their own company (IT/BPO) with the Bank loan, and easily start their profession with 8-10 system's and 10-15 employer's.

But for manufacturing industry their is required a lot of money or investment, so any one can neither think nor start industry.

A Manufacturing industry can start with the help of government if we talking about nano technology, otherwise this is not possible my means not to say impossible without government this will start if Business man want for example Ambani groups, Tata etc.