What Makes Manufacturing One of India’s High-Growth Sectors
India is perfectly poised to gain from China’s fractured economy, supported strongly by its own economic growth projections, infrastructure development, availability of skilled talent, improved ease of doing business, and long-term employment opportunities.
The internationally competitive manufacturing industry is India’s biggest potential to promote economic progress. In 2021, the total exports from India accounted for USD 420 billion and the estimates predict that by 2030, India could export items worth USD 1 trillion, making it the third most sought-after global location for manufacturing.