CategoriesFocus Areas Ideas for GrowthFrom classrooms to political rallies to multilateral summits, entrepreneurship is the buzzword being peppered liberally everywhere, and for good reason. It’s the fulcrum of innovation, employment and wealth creation. And nothing breeds success like success! It takes a few to succeed, for a thousand more to strive for success. So, the flywheel keeps spinning. But are we […]
CategoriesElectronics Focus AreasIndia is stepping up its ambitions of gaining global market share in labour-intensive manufacturing. The success we have seen in electronics and smartphone assembly with the production-linked incentive or PLI scheme suggests that electronics manufacturing services (EMS) can be the perfect launchpad for achieving our goal of increasing the share of manufacturing from 13% to 25% […]
CategoriesElectronics Focus Areas Ideas for GrowthPaving pathways for India’s labour force According to the PLFS report for 2021-22, the Indian worker population ratio for ages 15 and above is only 52.9%[1]. This is much lower compared to other countries, such as China (80%) and Japan (70%), during periods of rapid economic growth[2]. Further, 26.8% of the labour force is employed […]
CategoriesFocus AreasConstruction in India has the potential to create 1.5 crore productive jobs, and can by itself contribute 11.5% of the new jobs that need to be created by 2030. Currently, the Construction sector accounts for ~12% of the total workforce in India. India’s Unfulfilled Demand for Construction There is a strong unfulfilled demand for construction […]
CategoriesFocus AreasFor labour-intensive exports manufacturing, India’s large supply of labour is an advantage, not a constraint.
