India’s manufacturing sector is on a promising path of growth, bolstered by significant investments and strategic initiatives. According to the India Brand Equity Foundation (IBEF), the Gross Value Added (GVA) for the manufacturing sector was around USD 110.48 billion in the first quarter of FY24. The “Make in India” initiative is a key driver in this progress, aiming to boost the sector through advancements in automation, robotics, and digital technologies, positioning India as to global manufacturing hub. As the sector continues to expand, it is set to strengthen India’s role in the global manufacturing arena and generate a plethora […]
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