Analysis of the National Manufacturing Policy
The GDP and Standard of living in a country depends on its Manufacturing process. When the products are manufactured in a country its value is effective for its population and help to increase their standard of living by increasing their Disposable Income i.e. Income in hand to spend for personal purpose. The National Manufacturing Policy made by Government aims to make India a manufacturing hub and it will benefit the consumer, Domestic market and Trade, increase country’s income as they have to import less and will meet up with the requirement of Global multinational manufacturing companies .This research paper tries to analyze the National Manufacturing Policy and tries to connect the topic with SDG 9 i.e. Industry, Infrastructure and Innovation. Through this research paper, the readers will understand what the policy is all about, The strategies undertaken to complete it, how much it is developed till now, the success rate and the further enhancement required to make it fruitful.
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