Govt Sets Up Panel to Draft Plan for New National Manufacturing Mission
In a significant step towards strengthening the Make in India initiative, the government has set up an inter-ministerial committee to develop the framework for a new national manufacturing mission. The mission was first announced during the Union Budget in February 2025, with the goal of increasing the manufacturing sector’s contribution to India’s GDP. The committee, led by Niti Aayog CEO B V R Subrahmanyam, has already begun consultations with key stakeholders, including state governments and domestic industries.
The Indian government has formed an inter-ministerial committee tasked with drafting a comprehensive plan for a new national manufacturing mission. This mission, which was first announced during the 2025 Union Budget, aims to enhance India’s manufacturing sector and boost the Make in India initiative.
Industry experts view this mission as an important step towards making India a globally competitive manufacturing hub. They believe that it will,
Summary/Static | Details |
Why in the news? | Govt Sets Up Panel to Draft Plan for New National Manufacturing Mission |
Ease of Doing Business | Simplification of procedures and reduction in bureaucratic hurdles for businesses. |
Workforce Development | Skill development to prepare a future-ready, efficient workforce for modern manufacturing needs. |
Strengthening MSMEs | Providing support to small and medium enterprises through technology, finance, and resources. |
Technology Integration | Access to cutting-edge technologies to improve efficiency and innovation in manufacturing. |
High-Quality Manufacturing | Ensuring that Indian products meet international quality standards and are globally competitive. |
Manufacturing GDP Share | Aim to increase the contribution of manufacturing to India’s GDP, from the current 16-17% to a higher level. |
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