Can “Make In India†Make Jobs? The Challenges of Manufacturing Growth and High–Quality Job Creation in India

Russell Green

Working Papers from eSocialSciences

Abstract: A new “Make in India†campaign to “transform India into a global manufacturing hub†aims to use manufacturing as a vehicle for job growth. Is this strategy realistic? This paper helps answer the question by describing the job growth potential of the Indian economy. Formal-sector manufacturing demonstrates the most potential for job growth under a more supportive policy regime. The paper models future employment paths for India for the next 20 years. Assuming sufficient reforms to generate East Asia-style manufacturing growth, the impact on employment and output is substantial, even if the campaign target of 100 million new manufacturing jobs remains difficult to achieve. The paper then describes a set of reforms sufficient to unleash such a manufacturing growth boom.

Keywords: Make in India; Global Manufacturing Hub; manufacturing; job creation; job growth; Indian economy; formal sector; policy regime; employment; India; East Asia; reforms (search for similar items in EconPapers)
Date: 2016-08
Note: Institutional Papers
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Citations: View citations in EconPapers (1)

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