Business•1 day ago

Should India focus on manufacturing rather than services to create jobs?

Millions of young Indians enter the workforce every year. Should the country try to become a factory hub, or double down on IT and services?

The case for

  • Factories can employ large numbers of people without college degrees.

  • A strong manufacturing base builds exports, supply chains and self-reliance.

The case against

  • Services are already India's strength and can grow quickly.

  • Modern factories are increasingly automated, so they create fewer jobs than they used to.

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