Part 3/9:
The campaign set ambitious manufacturing growth targets of 12-14% annually. In stark contrast, the actual manufacturing growth over the past ten years stands at a dismal 5.5%. This lackluster performance has left India's manufacturing contribution to GDP hovering stubbornly between 15% and 17%, far from the 25% target set. While global competitors like China and Vietnam continue to evolve, India's manufacturing landscape reflects stagnation rather than growth.