The Modi-led government has been aiming to make India a global manufacturing hotspot, however, low external demand may turn out to be a stumbling block. The export-intensive sectors of India, including gems & jewellery, ceramic & glassware, leather & leather products, drugs & pharmaceuticals, engineering & electrical goods and textiles & garments, are likely to be hit majorly amid a global slowdown in world trade.

Leave a Reply

Your email address will not be published. Required fields are marked *