DMPQ: Why manufacturing sector in India failed to realise its potential?

by

Major reasons are:

  1. Low capital investment in infrastructure.
  2. Rising NPA after financial crisis and Twin balance sheet problem.
  3. Opening up of economy in 1991 had make us vulnerable as manufacturing country. We did capitalise on service sector.
  4. Labour laws skewed in favour of non-setting up of manufacturing units.
  5. Low investment in
    Join Our Telegram Channel
    288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube
Research and development sector.
  • Non availability of skilled labour force.
  • Enforcement of contract and complexity in labour laws is a complex issue.
    • TNPSC  Notes brings Prelims and Mains programs for TNPSC  Prelims and TNPSC  Mains Exam preparation. Various Programs initiated by TNPSC  Notes are as follows:- For any doubt, Just leave us a Chat or Fill us a querry––