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 Research and development sector.
  6. Non availability of skilled labour force.
  7. Enforcement of contract and complexity in labour laws is a complex issue.
Final Destination for Kerala PSC Notes and Tests, Exclusive coverage of KPSC Prelims and Mains Syllabus, Dedicated Staff and guidence for KPSC Kerala PSC  Notes brings Prelims and Mains programs for Kerala PSC  Prelims and Kerala PSC  Mains Exam preparation. Various Programs initiated by Kerala PSC  Notes are as follows:- For any doubt, Just leave us a Chat or Fill us a querry––