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

India Manufacturing

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.