New Delhi, May 30 -- India's manufacturing sector has to grow 15 per cent annually if it has to contribute at least 25 per cent to India's GDP (or USD 7.5 trillion) through Viksit Bharat 2047, NITI Aayog CEO BVR Subrahmanyam said on Friday.

Speaking at a Confederation of Indian Industry (CII) event, the chief of NITI Aayog said manufacturing currently accounts for roughly 17 per cent of India's GDP.

"Manufacturing sector should be growing at 15 per cent atleast," he suggested. "That's the only way to rise from its current share of 17 per cent to 25 per cent."

Given that India's GDP will be USD 30 trillion when it becomes a developed nation by 2047, 25 per cent of it is projected to be contributed by the manufacturing sector (USD 7.5 tr...