India Unveils New National Manufacturing Mission to Boost Global Competitiveness

Prime Minister Narendra Modi announced a major new economic initiative. He revealed plans for a National Manufacturing Mission on Sunday. The announcement was made at a conference of state chief secretaries in New Delhi.The mission aims to transform India’s industrial landscape. It will prioritize ease of doing business and critical infrastructure. According to Reuters, the push seeks to attract global companies and create jobs.

Focus on Infrastructure and “Ease of Doing Business” Reforms

PM Modi urged state leaders to give the mission top priority. He stated it must cover land access, utilities, and social infrastructure. Building this foundation is seen as key to drawing international investment.The goal is to make “Made in India” a global symbol of quality. The Prime Minister emphasized that average outcomes are not enough. Excellence in manufacturing and service delivery is the new target.

Leveraging Human Capital for a “Viksit Bharat”

The conference highlighted India’s significant demographic advantage. Nearly 70% of the population is of working age. Modi called this a unique historical opportunity for rapid growth.He described India as being on the “Reform Express,” powered by its youth. Developing this human capital is now a central government priority. This, combined with next-generation economic reforms, is intended to accelerate progress toward a developed nation, or “Viksit Bharat.”

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This new National Manufacturing Mission represents a strategic pivot to solidify India’s position as a future global economic powerhouse, directly linking industrial policy with its youthful demographic dividend.

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Q1: What is the main goal of India’s National Manufacturing Mission?

The mission aims to boost India’s manufacturing sector globally. It focuses on improving infrastructure and ease of doing business. The ultimate goal is to attract international companies and make “Made in India” a mark of quality.

Q2: How does the mission plan to attract foreign companies?

It will simplify processes related to land, utilities, and permits. States are tasked with creating robust social and industrial infrastructure. This improved business environment is designed to be more appealing to global investors.

Q3: Why is human capital considered so important to this plan?

India has a large young, working-age population. The government views this as a major economic asset. Developing these skills is seen as fundamental for driving growth and innovation in manufacturing.

Q4: What other sectors did PM Modi emphasize alongside manufacturing?

He highlighted boosting high-value agriculture, dairy, and fisheries for export. Modi also called for strengthening services like healthcare, tourism, and AI. The aim is to make India a “global services giant.”

Q5: What role did the Prime Minister assign to Indian states?

States are critical partners in executing this national mission. They were urged to prioritize manufacturing and improve local business climates. Each state was also asked to develop at least one world-class tourist destination.

Trusted Sources: Reuters