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    <title>Industrial Growth to be Revived by Corporate Sector Investment, Pushing Ahead Critical Reforms and Removal of Infrastructure Bottlenecks</title>
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    <description>Industrial growth requires revival through increased private corporate sector investment, accelerated critical reforms, and removal of infrastructure bottlenecks. Contraction in mining and deceleration in manufacturing have driven poor performance, with declining capital goods production, underutilisation in steel and cement, and weakening corporate sales. Policy should prioritise near term stimulation of corporate investment and targeted reforms, focus on labour intensive and resource based manufacturing for the informal sector, and pursue a medium term shift toward higher tech, higher value added, and higher productivity manufacturing.</description>
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