Proposed industrial policy aims at skills uplift
May set target to boost sector’s GDP contribution by 5 percentage points
Over the past three decades, the industrial sector’s contribution to economy has increased due to the expansion of export-oriented sectors, particularly garments. Star/file
Star Business Report
Star Business Report
The upcoming industrial policy will set a target to increase the industrial sector's economic contribution from the existing 35 per cent to 40 per cent of the country's gross domestic product, according to a draft industrial policy.
The new policy is expected to focus on the IT sector in order to help industries improve their efficiency and productivity, it said.