Piyush Goyal says, "Manufacturing also kept pace and has almost doubled in the last ten years"
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The slowdown was attributed to several factors, including fierce competition and a softer increase in new export orders
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Union Minister Goyal compared the growth of the last 10 years under the Modi government to previous administrations, calling it a "story of the lost decade versus the last decade"
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Despite being largely agnostic to rate cuts, healthcare is expected to thrive due to its minimal threat of insourcing, says report
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India's manufacturing sector shows in August, with the Purchasing Managers' Index (PMI) falling to 57.5 from 58.1 in July amid fierce competition and inflation concerns dampened business confidence
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The first of these is located near Bengaluru and has a completely automated production line for assembling, testing and packing of desktops, laptops, energy meters and remote controls
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The data also highlighted that despite a marginal slowdown in new orders and output, the overall performance remains well above the long-run average, showcasing the sector's ongoing strength
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HP says consumers and businesses are seeking more from their devices in India currently, prompting upgrades and refreshes
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The global firm recognised India's strong demographic dividend and said that the country will reap the benefit of its younger population, helping it to drive growth until 2060
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FM Sitharaman said the scheme offers incentives linked to the employment of first-time employees, focusing on EPFO contributions for the first four years of employment
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