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Manufacturing: An engine for growth

Manufacturing: An engine for growth

Over the last two decades, India has taken a rather unconventional path to become one of the fastest growing economies of the world.

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Manufacturing: An engine for growth

Unlike the transformation stories of many of the other developed economies,
India’s growth story was chalked by the dynamism of the service sector, while, in contrast, manufacturing has been less robust. The share of the manufacturing sector in the country’s GDP has remained stagnant; a trend now observed for nearly three decades. 

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