India Keen to Increase Share of Manufacturing in GDP from 17% to 25%

30 Sep,23 12:55 am
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India Keen to Increase Share of Manufacturing in GDP from 17% to 25%

Manufacturing sector currently comprises 17% of the nation’s GDP and over 27.3 million workers.

According to Hardeep Singh Puri, Minister of Petroleum & Natural Gas and Housing & Urban Affairs, India is ready and keen to increase the share of manufacturing to 25% by 2025.

Referring to the strong industrial base of India, the Union Minister highlighted that India is

  • Second-largest producer of steel
  • Second-largest producer of cement
  • Second-largest producer of coal.

Talking about the infrastructure, the country has

  • Second-largest construction of built environment
  • Fourth-largest railway network
  • Second-largest road network.  

Noting about the automobile industry the Minister said that India is

  • Largest producer of two-wheelers
  • Fourth-largest producer of four-wheelers.

 

 


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