Question
Which of the following statements about the current
status of Indian manufacturing is/are correct? 1. Manufacturing contributes 17% of India's GDP. 2. Manufacturing exports reached USD 447.46 billion in FY23. 3. The Index of Industrial Production (IIP) growth was 68.3% from April-October 2023.Solution
Manufacturing contributes 17% to GDP and exports reached USD 447.46 billion, but IIP growth stood at 43.5%, not 68.3%.
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