Manufacturing activities act as the multipliers in value-chain starting from cheap raw materials to more expensive intermediates to sought-after products, which can be positioned to command a very high value appreciation. The entire gamut of manufacturing by adding value at every stage of production can thus have a positive impact on national economies. Indian manufacturing sector currently contributes around 26 per cent to the GDP, which amounts to a mere 1.8 per cent of the world manufacturing output. With the number of middle-class households swelling by 12 times and urbanization of population increasing to 38 per cent by 2025, India would be the fifth largest consumer market in the world. This promises a huge opportunity for Indian manufacturers to cater to the domestic demand in addition to the international market. In Indian economy, agriculture while employing 37 per cent of the workforce contributes 16 per cent of GDP vis-à-vis manufacturing sector employing 12 per cent of the manpower contributing to 26 per cent of GDP. It is often said and seen from international experiences that the development of a country is directly linked with the share of tertiary sector (services) to the country's GDP as the tertiary sector enjoys the highest value-addition potential.