“The manufacturing sector will be revived as Modi believes in giving impetus to it. Things like single-point clearance, good infrastructure and easy availability of land are expected on his agenda,” Unison International MD Udit Mittal said.

Commenting on the same, Machama said: “Over the last 10 years, India has goofed up on the manufacturing sector despite abundant demographic dividend available. Modi in his speeches and manifesto has clearly laid focus on reviving the manufacturing sector which automatically will ensure that there would be a huge number of jobs created.”

Noting that employment for over 12 million youth needs to be created every year, Randstad India CEO Moorthy Uppaluri said it was “imperative for a government to focus on sectors like manufacturing and infrastructure that are important for the growth of other sectors and creation of jobs”. The HR firm’s findings show that the manufacturing and infrastructure sectors would create 30-40 million jobs over the next decade.

According to MeraJob India founder and CEO Pallav Sinha, the manufacturing sector has the potential to have a high impact on job creation and is “signalling intent and policy stability would be a huge sentiment booster and will attract investors and entrepreneurs to the sector”.
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