
India's manufacturing success depends on making its firms bigger
All Things Policy
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How to Revitalize the Manufacturing Sector in India
In 1999, 60% of India's workforce was employed in agriculture. In services, it was 28%, and it's gone up to 44%. It's manufacturing where it's gone from 11 to 12%). The root cause is that of a firm size: 65% of India’s manufacturing firms actually employ less than 10%.
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