Govt working to identify key sectors for making India a manufacturing hub

The manufacturing sector contributes about 15 per cent in the country's economy and the government is aiming to increase it significantly

The commerce and industry ministry is working to identify certain key sectors -- like capital goods, leather and chemicals -- with a view to establish India as a manufacturing hub, according to sources.

Several meetings have taken place with stakeholders, including industry chambers, to identify those sectors which have the potential to become global winners and make India a strong manufacturing hub, sources said.

"There are 12 champion sectors which can be looked upon. These include modular furniture, toys, food processing like ready-to-eat food, agrochemicals, textiles like man-made fibers, air conditioners, capital goods, pharma, and auto components," one of the