Mumbai, the country’s financial capital, will witness a sharp drop in economic activity pertaining to the manufacturing and construction sector over the next two decades. In the city’s revised development plan, planners have projected that the stake of these two sectors in Mumbai’s overall economic chart will go down by 11 percentage points — from 31 per cent currently to 20 per cent — by 2034. In contrast, the share of the services and the hospitality sector will see a sharp rise.
Read more: The Indian Express
