Friday, February 13, 2015

Manufacturing

Make in India
While successive governments have acknowledged the need to raise the share of manufacturing in GDP, there has been a mismatch between policies and the rhetoric.

The new government’s innovative Make in India campaign signals its commitment to transforming India into the manufacturing hub of the world.
The importance of manufacturing stems from the fact that the sector can serve as a source of employment for the bulk of unskilled and semi-skilled workers currently engaged in the agricultural sector.
But the success of this initiative depends on the degree to which the government can provide an enabling environment by improving the ease of doing business in India. 

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