Budget 2022: What's on manufacturing sector's wishlist?
While unveiling the Make in India initiative in 2014, Prime Minister Narendra Modi vowed to transform India into a global manufacturing hub and boost the sector's share to 25% of GDP by 2022. But the goal remains elusive. The manufacturing sector at present contributes 16-17% to GDP. The Covid-19 outbreak and subsequent lockdowns have only made matters worse. What will it take from Budget 2022 to propel Indian manufacturing? Forbes India's Varsha Meghani speaks with Ankit Agarwal, MD, Sterlite Technologies and Kapil Gupta, Chief Economist, Edelweiss, to find out