SBI Research: India Needs To Focus More On Increasing Productivity And Less On Import Tariffs In  Quest For Atmanirbhar Bharat
A worker labors at the welding line on the Innova Crysta compact multi-purpose vehicle (MPV) production line at the Toyota Kirloskar Motor Ltd. plant in Bidadi, Karnataka, India. (Photographer Dhiraj Singh/Bloomberg)

SBI Research: India Needs To Focus More On Increasing Productivity And Less On Import Tariffs In Quest For Atmanirbhar Bharat

Bookmark

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

SBI Research Report

A cross country comparison of manufacturing value added of top world manufacturers shows that between 2004 and 2017 China gained around 18% market share in Manufacturing Gross Value Added, while India gained 1.5%, the second highest (sixth largest in global manufacturing share at 3%).

Other emerging markets viz. Brazil, Indonesia, Turkey, Thailand have also increased their share in world manufacturing.

However, the respective increase is less than 1% for each country.

The per capita manufacturing still shows the lack of achievement of India’s full potential.

Click on the attachment to read the full report:

SBI Ecowrap - India needs to focus more on increasing productivity and less on import tariffs in it's quest for Atmanirbhar Bharat .pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.