Consider the following statements regarding India’s manufacturing sector:
1. India’s manufacturing sector is expected to grow by 6.2% in FY25, primarily driven by the electricity and construction sectors.
2. The growth of India’s manufacturing sector is primarily hindered by domestic trade policies and lack of foreign investment.
3. India holds 2.8% of the global manufacturing share, compared to China’s 28.8%.
Which of the statements given above is/are correct?
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
1, 2, and 3