VidhiAagaz
International Journal ofLaw Management & Humanities
ISSN 2581-5369 · Open access
International Journal ofLaw Management & Humanities
Open accessResearch PaperVol. 7 No. II (2024)pp. 1641–1652

Growth of Manufacturing Sector in India since Independence

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Prachi DubeyStudent at Maharashtra National Law University, India
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Published 6 April 2024 · pp. 1641–1652 · Vol. 7 No. II (2024)
Abstract

During 1990s Economic liberalization opened the nation up to foreign competition. The manufacturing sector opened up, attracting more international investment and advancing technology. With digital transformation being a crucial component of obtaining an advantage in this fiercely competitive sector, technology has presently fostered creative thinking. It is anticipated that increased automation and process-oriented manufacturing will boost efficiency as well as productivity in the nation's manufacturing industry. The manufacturing industry employs about 27.3 million people and contributes 17% of the country's GDP to the Indian economy. The Indian government aims to increase the share of manufacturing in the country's GDP to 25% by 2025 through the implementation of several policies and programs.

Keywords
economic liberalizationmanufacturing industrytechnology

How to cite

Prachi Dubey, Growth of Manufacturing Sector in India since Independence, 7 Int'l J. L. Mgmt. & Human. 1641 (2024).

Cite this article

Prachi Dubey, Growth of Manufacturing Sector in India since Independence, 7 Int'l J. L. Mgmt. & Human. 1641 (2024).
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