Why Manufacturing Growth Is Necessary For Jobs And Prosperity | Express Economist

Even though India is one of the world’s largest economies, it is considered to be a poor country. That's because India's per capita income level is still far below a rich country's standards. A key reason for this is the continued weakness of India’s manufacturing sector. In this episode of The Express Economist, we talk to Louis Kuijs (Chief Economist, Asia Pacific at S&P Global Ratings) to understand why India must grow its manufacturing sector if it wants to raise per capita incomes.