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Budget 2021: Why manufacturing industry expects more incentives this time - Vimarsana News

Budget 2021: Why manufacturing industry expects more incentives this time

Budget 2021: Why manufacturing industry expects more incentives this time Budget 2021 provides an opportunity to harness the capabilities required to implement transformative reforms and build upon the foundations integral for the manufacturing sector to contribute to 25% of the country's GDP by 2025 The manufacturing sector optimistically awaits the announcements in what is deemed to be a "budget like never before" Economic growth in India over the years has been propelled by growth in the services sector. Today, the sector contributes the highest to India's GDP. In contrast, the manufacturi...