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Manufacturing sector accounts for 24 percent of the GDP in 2009. With an aim to become industrialized country by 2020, Vietnams manufacturing industry has been undergoing major changes as a result of government initiatives, WTO commitments and industrial liberalization. Industrial development strategy for the period 2011-2020 to focus on the devel...

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Introduction of economic reforms such as liberalization, privatization and globalization in the 1990's has enabled India to emerge as one of the fastest growing economies in the world. Environmental concerns have come to the forefront causing the Government to focus on issues such as waste management and wastewater treatment. As a result, the deman...

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Indonesia is a politically stable, democratic country whose policy focus hinges on maintaining economic resilience. Indonesia is rich in energy resources, especially in geothermal reserves. The energy industry in Indonesia is provided an added impetus by Government policy and initiatives such as the Fast Track Program, development of geothermal ene...

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Russia shows immense promise in the development of the energy industry. The Russian economy is on a rebound from the latest global crisis. The various reforms launched by the Government aim at improving business climate, regulations and strengthening cooperation with developed countries to diversify and modernize petroleum based production. Russia ...

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South Africa is a democratic republic with a stable political system. The economic environment is forecast to remain stable, with policy focus on employment creation through growth and stability. The healthcare industry faces daunting challenges, with severe infrastructure and skills shortages in the public sector. These shortages create market opp...

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10 Aug 2011  |  Asia Pacific

Economic 360 for India: Growth Prospects and Emerging Opportunities in the Manufacturing Industry

India's Manufacturing Sector Dynamics: A paradigm shift in manufacturing trend

Industrial production in India is divided into basic, capital, intermediate, consumer goods, and consumer non-durable goods industries. Manufacturing growth has been led by the automotive, machinery, textile, chemicals and metals industries. NMIZs have been set up to augment the industry by increasing the contribution of manufacturing to 25.0 perce...

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South Africa is a democratic republic with a stable political system. The economic environment is forecast to remain stable, with policy focus on employment creation through growth and stability. Energy consumption is steadily increasing with economic development. Demand and supply of energy is dominated by coal, as it is an abundant natural resour...

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The manufacturing industry being a growth driver of the economy contributes 26.1 percent to GDP and is a major source of employment in Indonesia. The government adopted the industrial development plans focusing on the priority industries mainly to revive the economic growth and to transform the manufacturing industry. Competition is expected to ris...

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Russia is commonly accepted as the one of the most promising markets in the region. The Russian economy has overcame the latest global crisis and currently is facing revival. The various reforms launched by the Government aim at improving economic performance, business climate, law regulations and tighten cooperation with the developed countries. I...

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The manufacturing industry in Egypt fuels the economic growth, productivity and employment. The manufactured output, and exports shows a positive trend with an increase in the investment since the liberalization and reform introduced in 2003. Government played an important role in reviving the growth of the manufacturing sector by formulating a lon...

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