With proper reforms, India’s manufacturers could add $320 billion to GDP over just seven years

With the proper reforms, the ten industries shown below—plus renewable energy—could compete well in international markets, spur domestic consumption, and provide long-term employment for millions. As a result, they’d add $320 billion more in gross value than they do now, helping India realize its manufacturing promise.

India’s manufacturers could potentially add $320 billion to GDP by scaling up 10-plus of their manufacturing value chains

To read the article, see “A new growth formula for manufacturing in India,” October 30, 2020.