1496
‘Make in India’ Campaign
World Economy

‘Make in India’ Campaign

Given the need to create a million non-farm jobs every month, India manufacturing would have to grow at 12-14 percent annually, industry body FICCI said in a document on ‘Make in India’ unveiled to coincide with the official launch of the campaign. The ‘Make in India’ campaign launched by the Prime Minister Narendra Modi can become the trigger in transforming Indian manufacturing, with its share in GDP languishing at 15-16 percent for several years, FICCI said. The FICCI document states that India is unarguably an attractive investment destination given its rich demographics that feed into the intrinsic demand and supply elements of businesses.

Short URL : http://goo.gl/LnPBVY

You can also read ...

Wage growth in Australia has fallen  dramatically in recent years.
The Reserve Bank of Australia says relentless cost cutting by...
No Sign Philippines Economy Overheating
The chief of the Bangko Sentral ng Pilipinas said the...
Riyadh Going After  Non-Arrested Princes
Political analyst Jamal Khashoggi has said that Saudi Arabia...
Shadow financing is seen as one of the culprits behind China’s property-price surge, and regulators have banned  private-equity lending to developers for land purchases.
China’s drive to reduce its debt burden has shifted into a...
China’s Tencent Overtakes Facebook in Market Value
China’s social media and video game giant Tencent overtook...
Confidence in Afghanistan’s Future Rising Slowly
Afghanistan’s economy is expected to grow 2.6% this year, up...
Malaysia Growth Robust
Malaysia’s economy should continue to grow at a decent pace...
The global economy is enjoying a strong and broad-based recovery, and will grow even faster in 2018.
The robust health of the global economy has received...

Trending

Googleplus