Introduction
The growth story of Indian multinational is becoming a subject of discussion in corporate boardrooms in the
US and Europe . The academia and analysts too are taking notice. The Indian growth story is a Harvard
Business School study.
It is a universally acknowledged fact now that India is on a growth path with a significant element of
consistency & fundamental strengths to boot; something which is expected to fuel the drive into the future,
at a faster pace.Manufacturing sector plays a vital role in Indian economy. It contributes almost 25% of
GDP in the Indian economy. Economic indicators such as the GDP (Gross Domestic Product), Per Capita Income,
Forex reserves, FII's (Foreign Institutional Investments) & Industry growth rate which includes the
manufacturing & agricultural sector are all at their record highs. Growth in key sectors like infrastructure,
Services and manufacturing continues at almost 12% p.a.
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