New Delhi, Sept. 3 -- India's ambition to become a USD 30 trillion economy by 2047 will depend heavily on the ability of its manufacturing sector to scale up output, create jobs and improve global competitiveness. However, achieving the government's target of a USD 7.5 trillion manufacturing sector accounting for 25 per cent of GDP will require a fundamental shift in how companies organise work, deploy talent and drive workforce productivity, according to a new report by KPMG in India.
The report, titled India's Trillion-Dollar Manufacturing Ambition Requires a Workforce Productivity Revolution, identifies workforce productivity as one of the country's most underutilised drivers of economic growth. Based on research covering more than 130 ...