<h1>India's Manufacturing Growth Drops in 2011-12; National Policy Aims for 25% GDP Share and 100 Million Jobs by 2022.</h1> The manufacturing sector in India experienced a significant decline in growth during the 2011-12 period, as measured by the Index of Industrial Production (IIP). Growth dropped from 7.7% in the first quarter to 0.3% in the last quarter. In response, the government implemented measures to boost the industrial climate, including the approval of the National Manufacturing Policy in October 2011. This policy aims to increase manufacturing's GDP share to 25% by 2022 and create 100 million jobs. Key initiatives include establishing National Investment and Manufacturing Zones and promoting foreign direct investment.