Creating Jobs and Growth by Specializing in Network Products
- Survey says India has unprecedented opportunity to chart a China-like, labour-intensive, export trajectory.
- By integrating “Assemble in India for the world” into Make in India, India can:
- Raise its export market share to about 3.5 % by 2025 and 6 % by 2030.
- Create 4 crore well-paid jobs by 2025 and 8 crore by 2030.
- Exports of network products can provide one-quarter of the increase in value added required for making India a $5 trillion economy by 2025.
- Survey suggests a strategy similar to one used by China to grab this opportunity:
- Specialization at large scale in labour-intensive sectors, especially network products.
- Laser-like focus on enabling assembling ....
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