India’s manufacturing sector needs 13.1% growth to hit $7.5 trillion by 2047: Report

India's manufacturing sector requires a 13.1 percent annual growth rate to reach USD 7.5 trillion by 2047. This ambitious target is crucial for India's goal of becoming a USD 30 trillion economy. Workforce productivity is identified as the most underleveraged growth lever for the nation. Many companies need operational changes to meet productivity targets and overcome hidden factors. Reimagining work, redesigning organizations, and remodelling the workforce are key suggested strategies.

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