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Joshua-hudsonHenry-brubakerChristmas-eveNew-yearInstitute-for-studiesIndia s manufacturing GDP has followed a different trajectory compared to the rest of the world, according to NITI Aayog member Arvind Virmani. He emphasized the need for a competitive economy and highlighted the country s policy reforms in the past decade. Virmani also mentioned the importance of entrepreneurship, startups, and institutional reforms. The manufacturing sector currently accounts for around 17% of India s GDP. Virmani noted the government s role in providing public goods and ensuring a pro-competition market environment, while the private sector needs to compete, innovate, and invest. The focus is on creating more jobs for India s young workforce.
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