Correct Option (C)
The passage identifies a medium-term challenge for Indian manufacturing: to transition from lower to higher technology, value-added, and productivity sectors. It specifies that high-tech industries are capital and technology intensive, and that India must capture global market share in these rising demand sectors to achieve a 25% manufacturing share in GDP. A logical and rational inference is that such a transition and market capture necessitate substantial investments in research and development, technology upgradation, and skill development, involving both public and private sectors.
Incorrect Options:
- Option (A) is incorrect because the passage frames the shift from lower to higher value-added and productivity sectors as a challenge, implying that India's current medium-tech and resource processing industries generally do not yet exhibit high value-added and productivity levels.
- Option (B) is incorrect because the passage outlines a strategy and necessity for promoting capital and technology-intensive manufacturing to achieve specific economic goals, thereby suggesting its feasibility and importance, rather than impossibility.
- Option (D) is incorrect because the passage states that Indian manufacturing needs to capture the global market in sectors showing a rising trend in demand. This indicates a future objective and a current gap, not an already achieved significant market share.