India's Path to Manufacturing Prowess: A NITI Aayog Vision
NITI Aayog emphasizes the need for India's manufacturing sector to contribute 25% to GDP by 2047, creating over 100 million jobs. The report highlights the gaps in infrastructure, skills, and R&D, while identifying AI, Advanced Materials, and Robotics as key enablers for competitive manufacturing.
- Country:
- India
India's ambitious target to increase its manufacturing sector's GDP contribution to 25 percent and create 100 million jobs is underscored by a recent NITI Aayog report.
The report, 'Reimagining Manufacturing: India's Roadmap to Global Leadership in Advanced Manufacturing', warns of a USD 5.1 trillion gap by 2047 if current growth levels persist.
NITI Aayog CEO BVR Subrahmanyam stresses the urgency of integrating advanced technologies to transform India into a manufacturing leader by 2035, aiming for a globally competitive 'Made in India' identity.
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