On the price front, higher raw material and freight costs led to a rise in input prices
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As part of an election pledge to transform India into a global manufacturing hub, Modi wants to offer subsidies for domestic production modelled on recent packages for semiconductor firms and electric vehicle makers
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This surge marks an improvement from the 7.0 per cent growth recorded in the preceding fiscal year
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The report highlights that due to initiatives like Make in India, the FDI in the manufacturing sector has surged 55 per cent to USD 148.9 billion during 2014-2023, compared to USD 96 billion between 2005-2014
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The report highlights that various strategic policies and economic factors are making these regions increasingly attractive to global manufacturers
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The domestic and external clients contributed to the high demand for Indian goods, with total new orders rising sharply
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The number of job-seekers registered through the portal in FY24 is 87,27,900 as against job vacancies of 1,092,4161, as per NCS data.
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