here is one study The Elysée and Matignon will be interested in pursuing their new mission. The report, published by PricewaterhouseCoopers, highlights how determined and creative new executives must be if they hope to regain their status as an industrial powerhouse within a five-year term. In fact, even after accumulating the 29.3 billion euros committed to production tools from the post-Covid recovery plan, France 2030, the share of manufacturing in GDP will only increase from 10.1% in 2019 to 12% in 2030. Granted, this recovery will positively help reduce unemployment, with an estimated 431,000 jobs created over the long term, especially in the electronics industry.This number will make the show’s aisles shudder a bit global industrywill be held in Paris-Nord Villepinte from May 17 to May 20, as the industry already struggles to recruit, with 70,000 vacancies.
Even with this recovery, however, French industry will still lag behind the European Union, where factories produce an average of 16% of GDP. “It is difficult to think that the public authorities want to stay below this average level, even though the plans presented by France so far have been careful not to propose any quantitative targets,” noted Olivier LuancePartner at PricewaterhouseCoopers, Author Towards an industrial renaissancein collaboration with Anaïs Voy-Gillis.
Also readWhy the road to reindustrialization will be long and difficult
Giving more subsidies does not appear to be the right solution to consolidate reindustrialization. “Aid is not the primary criterion for triggering investment, the general representative of the employers’ federation vowed. They expect increased competitiveness, such as lower taxes on production”.