India’s manufacturing sector undergoes structural change under BHAVYA scheme
New Delhi, Oct 14 (IANS) India's manufacturing sector is undergoing a structural change under the Rs 33,660 crore Bharat Audyogik Vikas Yojna (BHAVYA) initiative to develop 100 plug-and-play industrial parks across the country. The manufacturing sector now contributes about 16–17 per cent of GDP and employs over 27 million workers. The National Manufacturing Mission aims to raise this share to 25 per cent by 2035, according to a factsheet issued by the government on Wednesday.