The medium term challenge for Indian manufacturing is to move from lower to higher tech sectors, from lower to higher value-added sectors, and from lower to higher productivity sectors. Medium tech industries are primarily capital intensive and resource processing; and high tech industries are mainly capital and technology intensive. In order to push the share of manufacturing in overall GDP to the projected 25 per cent, Indian manufacturing needs to capture the global market in sectors showing a rising trend in demand. These sectors are largely high technology and capital intensive.

Which among the following is the most logical and rational inference that can be made from the above passage?

Question

The medium term challenge for Indian manufacturing is to move from lower to higher tech sectors, from lower to higher value-added sectors, and from lower to higher productivity sectors. Medium tech industries are primarily capital intensive and resource processing; and high tech industries are mainly capital and technology intensive. In order to push the share of manufacturing in overall GDP to the projected 25 per cent, Indian manufacturing needs to capture the global market in sectors showing a rising trend in demand. These sectors are largely high technology and capital intensive.

Which among the following is the most logical and rational inference that can be made from the above passage?

Accepted Answer

India should push up the public investments and encourage the private investments in research and development, technology upgradation and skill development.

Answer

India's GDP displays high value-added and high productivity levels in medium tech and resource processing industries.

Answer

Promotion of capital and technology intensive manufacturing is not possible in India.

Answer

India has already gained a great share in global markets in sectors showing a rising trend in demand.

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