Commerce and Industry Ministry Suresh Prabhu said the services industry had grown at the expense of manufacturing and agriculture, and that his government would look at increasing the share of manufacturing to 25 per cent in an expanded GDP. He said, “The future of India's GDP growth should come from manufacturing. We need to get new manufacturing ideas into India and identify 6-7 greenfield areas to focus on so that we can leapfrog globally. The ministry has started an exercise to identify these sectors. We have to ensure a different kind of manufacturing keeping in mind future of technology.”
Prabhu urged the Indian manufacturing sector to be part of the global supply chain and benefit from these linkages. During an interaction with members of Confederation of Indian Industry, Pune, he stated that unlike China, India's growth story is private sector-driven. The government is focused on making it easier for entrepreneurs to do business and reduce the problems they face and India had worked its way to 100 from 130 in the “ease of doing business” ranking. “All elements of exports will be on one platform and this can be a game changer,” Prabhu said.
