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ROLE OF MANUFACTURING IN EMPLOYMENT …

(revenues/invested capital) in the manufacturing sector is nearly 2.4 (based on an analysis of registered sector data); however, across sub-sectors, it varies from 1.4 for non-metallic products to 3.5 for food products. The average labour efficiency (revenues in INR10 million/ 1,000 workers as reported by the Annual Survey of

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  Manufacturing, Food, Employment, Sector, Of manufacturing in employment

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