Updated Mar 15, 2021 | 13:57 IST
Low-skilled manufacturing can boost India’s crucial medium, small and micro enterprises which employ a maximum number of people said IFC Chairman Amit Kapoor India Revival Mission grand finale: Low-skilled manufacturing to boost India’s MSME sector | Photo Credit: BCCL
The IRM White Paper is a culmination of insights from leaders that define a path to reboot, reload and relaunch the Indian economy.
As India tries to move from an agriculture-based economy to manufacturing, it is important to identify which areas should the country focus on in order to reap maximum benefits.
For example, China has focused on mass manufacturing and building scale, the European Union’s forte is precision manufacturing while the US is dominant in heavy engineering. So, where is it that India can find its space and generate mass employment through the endeavour?