Part 6/9:
Perhaps the most daunting promise was the anticipated creation of 100 million new manufacturing jobs. Yet, reality presents a stark contrast: only about 18.54 million jobs have been generated in the sector. This lack of job creation compounds India's existing employment crisis, pushing graduates toward underemployment and a frustrating jobless landscape. The scarcity of secure, well-paying manufacturing jobs reflects a workforce plagued by a skills mismatch—one of the core reasons for the sector’s current malaise.