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India seen contributing 15% of global growth by FY26: Report From almost zero now, India s capacity should reach 20-30 per cent of the total global supply chain in the next two years, the report says (Mint)Premium . Updated: 19 Jan 2021, 08:07 PM IST PTI The report expects the large local market potential, low labour costs, macroeconomic stability and the hope of strengthening ongoing reform momentum will help achieve these objectives Share Via Read Full Story The ongoing key reforms such as sops for manufacturing, easier labour laws, wooing FDI inflows and privatisation will help improve productivity and support long-term growth at 7.5-8 per cent levels, which if played out well, can help India contribute 15 per cent of global GDP growth by FY2026, says a report.

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