Temporary workers in manufacturing get 5.6% annual pay raise in FY21-24

India's manufacturing sector witnesses a 5.6% CAGR in contractual worker compensation between FY21 and FY24, driven by inflation and high attrition. The sector faces challenges like skill gaps and gender disparity, particularly impacting women's retention. Upskilling and strategic workforce outsourcing are suggested solutions to address these issues and achieve the $1 trillion valuation goal.