As per the Economic Survey of India 2024-25, what is the India's share in global manufacturing?

Correct option is B

The correct answer is (b) 2.8 percent

Explanation:
• According to the Economic Survey 2024-25, India's share in global manufacturing remains around 2.8% to 2.9%.
• India is currently the world's fifth-largest manufacturer.
• The government aims to increase this share significantly through the Make in India initiative.

Information Booster:
• The Manufacturing sector contributes about 16-17% to India's GDP.
• The PLI (Production Linked Incentive) scheme is a key driver for boosting this share.

Additional Knowledge:
4.3 percent (Option a)
• This is a higher projection often discussed as a future target.
3.6 percent (Option c)
• Closer to India's share in global services or specific sub-sectors.
2 percent (Option d)
• Historically low; India has surpassed this mark in the last decade.

So the correct answer is (b)