Manufacturing sector can grow at 14%

Tags: News
The country's manufacturing sector can grow at 14 per cent on a sustained basis provided output is raised by adoption of automation and reducing cost, National Manufacturing Competitiveness Council (NMCC) Member Secretary Ajay Shankar said today.

"India can achieve 14 per cent growth in manufacturing sector on a sustained basis, if we adopt automation to raise productivity and reduce costs," he said while addressing CII's International Conference on Cost Effective Manufacturing here.

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