Suggestion to establish technology missions for leather, food processing and textiles has been accepted in principal by Prime Minister Manmohan Singh, said National Manufacturing Competitiveness Council (NMCC) Chairman, V Krishnamurthy.
Decision was also taken for NMCC to work with the trade and economic relations committee headed by the Prime Minister, he said.
Manufacturing sector will have to register a growth of 12-14 per cent yearly over the next decade for the country's economy to grow at 8-9 percent yearly, suggested NMCC.
About 1.6 to 2.9 million direct jobs will be created annually with a growth of 12 percent in manufacturing.
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