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India Needs Double-Digit Factory Growth, Bank of America Says

Source: Bloomberg

Company FundamentalsEconomic DataTrade Policy & Supply ChainEmerging Markets

Bank of America economists said India must sharply accelerate manufacturing growth to achieve its long-standing goal of becoming a global factory hub. The assessment highlights structural constraints that are holding back the sector, signaling risks to India’s industrial expansion and supply-chain diversification ambitions.

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