HUMAN CAPITAL A KEY CHALLENGE

Apropos “Global manufacturing index: India ranked 30th, China takes 5th spot” (HT, Jan 15), as per the report, India’s manufacturing sector has grown by over 7% per year on an average in the last three decades and accounts for 16-20% of the country’s GDP. India has been categorised among nations that have a strong production base, but are at a risk in future. The key challenges are human capital and sustainable resources. This entails upgrading curriculum, revamping vocational training and improving digital skills. India should continue to diversify its energy resources and reduce emissions as its manufacturing sector continues to expand. Government’s ‘Make in India’ initiative is also seen as ‘a significant push’ for India to improve on the global front.

Vaibhav Sharma