New Delhi [India], September 14 (ANI): India needs to grow its manufacturing sector by at least 10 per cent annually over the next 15 years to move closer to its target of raising manufacturing’s share of the economy to 25 per cent by 2040, according to a report by BofA Securities.The report said that assuming annual GDP growth of around 7 per cent, India’s manufacturing sector could expand from around USD 500 billion in 2024 to nearly USD 2.3 trillion by 2040, representing an almost 3.5-fold increase.Advertisement“If India manages to hit this threshold, its manufacturing sector can expand from Rs…