'Manufacturing may create 3.2 mn jobs during 2012-17'

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    'Manufacturing may create 3.2 mn jobs during 2012-17'

    Gradual revival of India's manufacturing sector with improved economic performance may help generate the jobs

    The manufacturing sector may create 3.2 million jobs during the 12th Plan period (2012-17), according to a study by Assocham.

    Gradual revival of India's manufacturing sector with improved economic performance may help generate about 3.2 million additional jobs during the 12th Plan period, the study said.

    The study also found that the sector clocked 28.5% growth in employment generation during the 11th Plan (2007-12). "An additional 2.9 million jobs were generated in the registered manufacturing sector during 2007-08 to 2011-12 from over 10.45 million jobs in 2007-08," the study said.

    Among the states, Tamil Nadu topped with highest share of 14.5% in total jobs generated by registered manufacturing sector across India, followed by Maharashtra (14%) and Gujarat (10%).

    Uttarakhand recorded the highest growth rate in terms of employment generation in registered manufacturing sector during the 11th Plan.

    Bihar (71.8%), Himachal Pradesh (70%), Odisha (54%) and Maharashtra (38.8%) are other states that recorded high growth rate in this regard.

    Meanwhile, Chhattisgarh (19%), Uttar Pradesh (15%), Haryana (14%), Kerala (10.5%) and Punjab (9%) recorded the slowest growth rate in employment generation.

    'Manufacturing may create 3.2 mn jobs during 2012-17' | Business Standard
     
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