The Indian manufacturing industry contributes about 15 percent to the country’s GDP. Textiles, capital goods, cement, food products, pharmaceuticals, metals, plastics and rubber, electronics, and automobiles are the brightest segments.
The Indian government has launched the “Make in India” campaign to project the country as a global manufacturing hub. India is opening up to more significant foreign investments and raising the limits on FDI in various sectors.
The Indian manufacturing industry contributes about 15 percent to the country’s GDP. Textiles, capital goods, cement, food products, pharmaceuticals, metals, plastics and rubber, electronics, and automobiles are the brightest segments.
The Indian government has launched the “Make in India” campaign to project the country as a global manufacturing hub. India is opening up to more significant foreign investments and raising the limits on FDI in various sectors. Also, the country’s envoys in 160 countries will focus on economic diplomacy to attract investments.
