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India needs double-digit factory growth, Bank of America says
Indias manufacturing sector needs to grow at least 10% annually for 15 years to reach 25% of GDP, Bank of America estimates. That could create a $2.3-trillion manufacturing economy by 2040, but regulatory burdens, high power costs and a shortage of medium-sized firms remain major obstacles.
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economictimes.indiatimes.com
Productivity to drive 35% of India's future manufacturing output: KPMG
Higher workforce productivity could drive nearly 35% of Indias future manufacturing output, according to KPMG. Its analysis found productivity-leading manufacturers recorded…
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thehindubusinessline.com
Productivity to drive 35% of India’s future manufacturing output: KPMG
KPMG's report reveals that a 30% boost in productivity could drive 35% of India's future manufacturing output, enhancing profitability and competitiveness.
