The Government of India has set an ambitious target of increasing the contribution of manufacturing output from 16% currently to 25% of the Gross Domestic Product (GDP) by 2025. India’s manufacturing sector has the potential to touch USD 1 trillion and create up to 90 million domestic jobs by 2025. Business conditions in the Indian manufacturing sector continue to remain positive.
With focus remaining on new, high technology and sensitive areas of manufacturing like defence being opened up for private players, the Indian economy will see a new set of businesses prospering in the years to come. This will require robust background screening for manufacturing given the national security is involved.
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