Monday 4 November 2013

Golden oppurtunity to Manufacturing Sector in India


Mckinsey's latest analysis expects Indian Manufacturing sector to grow 6 fold and will hit 1 trillion USD by 2025. The demographic profile will impact the demand side so much that it will become imperative for the supply side to catch up on the chase. This will be a golden opportunity for Indian Manufacturing sector to make good of the coming wave.The global players will certainly make use of the explosive consumption demand and will be too happy to invest on supply side to make good of the opportunity. Indian SME's will have to adapt themselves to the changing dynamics of the business environment and should participate in the new growth cycle. Lack of adaptability will prove detrimental to their cause for sustenance


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