Can “Make In India” Make Jobs? The Challenges of Manufacturing Growth and High–Quality Job Creation in India

Published By: Rice University | Published Date: December, 15 , 2014

A new “Make in India” campaign to “transform India into a global manufacturing hub” aims to use manufacturing as a vehicle for job growth. Is this strategy realistic? This paper helps answer the question by describing the job growth potential of the Indian economy. Formal-sector manufacturing demonstrates the most potential for job growth under a more supportive policy regime. The paper models future employment paths for India for the next 20 years. Assuming sufficient reforms to generate East Asia-style manufacturing growth, the impact on employment and output is substantial, even if the campaign target of 100 million new manufacturing jobs remains difficult to achieve. The paper then describes a set of reforms sufficient to unleash such a manufacturing growth boom.

Author(s): Russell A. Green | Posted on: Aug 10, 2016 | Views()

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