Dear manufacturing sector, when will you actually manufacture jobs with reasonable pay? - News Summed Up

Dear manufacturing sector, when will you actually manufacture jobs with reasonable pay?


Its logo of a prowling lion - an intriguing assembly of cogs, nuts and bolts - symbolizes manufacturing, strength and national pride. This comes as a jolt at a point where there have been concerted efforts otherwise to make India a manufacturing hub. Despite economic growth, the median hourly salary dropped 16% for the manufacturing sector. This daunting phenomenon can pose as a major challenge in attracting talent to the sector.However, expectations from India's manufacturing sector are as high are our hopes, especially in terms of worthwhile job creation at that. Manufacturing sector could have played a huge role in bridging this divide as there is a considerable gap between India's manufacturing potential and its realization.Nevertheless, we are the land of selling dreams, and we are completely sold on this one!


Source: Economic Times August 12, 2017 07:07 UTC



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