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| India’s manufacturing sector has not only been a top concern for generations of Indian policymakers but also been a keen area of academic research. Every new government hopes to boost the share of India’s manufacturing sector in the country’s GDP. Having more people in manufacturing was a great strategy not just for making India the preferred factory of the world but also to pull millions out of poverty. But this required a rapidly growing manufacturing sector and it was the kind of “structural transformation” that an economy like India needed. As things turned out, this did not happen in India. The share of manufacturing both in India’s GDP or overall employment has largely stayed stagnant. This edition, however, focuses more on the productivity of Indian manufacturing. | | | |
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