the GDP and, in the process, creating 100 million new jobs. It also aims at integrating Indian goods in global value chains.
CII has strongly welcomed and supported the Make in India mission as it believes that it can catalyse new job creation of the scale necessary to achieve our aspirations to become a developed nation. The prime minister's action plan to transform the manufacturing sector is practical and relevant and CII is committed to partnering with the government.
The manufacturing sector, estimated to grow at 9.5 per cent in 2015-16 over a growth of 5.5 per cent in 201415, contributes about