Over the last two decades, the share of manufacturing sector has stagnated at 17% of GDP. Out of a total of 27 percent for the industry which includes 10 percent for mining, quarrying, electricity and gas. This is much lower in comparison to some East Asian economies, where it is 25-30%. The trend of growth rate in manufacturing over the last decade has been around 7 percent per annum. The desired growth rate over the next decade is 12%. Since 2003, manufacturing is once again growing at the rate of 9 to 10 percent per annum. With appropriate policy intervention by the government, manufacturing can achieve its target over the next decade.