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‘India has failed in manufacturing’: Expert urges Centre, state govts to do this to boost production

Business Today · 9d

India's manufacturing sector needs to diversify geographically and enhance efficiency to compete globally. Despite growth, it has not reached its full potential. Encouraging regional diversification and boosting production efficiency are vital steps for improvement. Both central and state governments are encouraged to play a significant role in this transformation, fostering an environment conducive to sustainable growth and global competitiveness in manufacturing, as experts suggest.