India's Industrial Leap: Paving the Path for a Global Manufacturing Hub
The next phase of reforms in India aims to integrate small enterprises into the global supply chain. Emphasizing domestic technology, the National Manufacturing Mission, driven by Niti Aayog, focuses on cluster development and state-specific strategies. The mission emphasizes technology-led growth and aims to capitalize on India's distinctive regional strengths.
- Country:
- India
The focus of India's next phase of reforms is integrating small enterprises into the global supply chain, said Niti Aayog Vice Chairman Suman Bery at the 3rd ISID annual conference.
Bery stressed that dependency on imported technologies and fragmented production structures must end. Indian manufacturing, particularly under the National Manufacturing Mission, should reflect each state's distinct strengths rather than adopting a uniform approach.
The mission is set to address competitive industrial ecosystems, quality products, and the transition towards technology-led growth. Emphasizing learning from global examples, the mission aims to enhance employment and fair opportunity distribution.
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