MC5 What is the main challenge facing the manufacturing sector in India?
A. Lack of skilled labor
B. Poor infrastructure
C. High cost of borrowing
D. All of the above
Answer:D
MC5 What is the main challenge facing the manufacturing sector in India?
A. Lack of skilled labor B. Poor infrastructure C. High cost of borrowing D. All of the above
Explanation: The manufacturing sector in India faces a range of challenges, including lack of skilled labor, poor infrastructure, and high cost of borrowing. Without a skilled workforce, it can be difficult for companies to manufacture high-quality products. Additionally, poor infrastructure can make it difficult for companies to transport goods, which can increase costs. Finally, the high cost of borrowing can make it difficult for companies to invest in new equipment or expand operations.