Why does India have few large factories?3 min read 27 Aug 2015, 12:58 AM IST
Large factories account for a smaller share of India's industrial workforce than they did three decades ago
When Taiwan’s Foxconn Technology Group said it would invest $5 billion to build a new manufacturing facility in Maharashtra, and eventually, set up a dozen new factories to create a million jobs across India, it immediately created a huge splash. Even if a million jobs don’t materialize, the sheer scale of Foxconn’s initial investments is unusual in a country where large factories have become a rarity.
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