NITI Aayog CEO BR Subrahmanyam
| Photo Credit:
SHIV KUMAR PUSHPAKAR
The National Manufacturing Mission, which is expected to be formally unveiled within a month, will serve as an overarching body, which will have power to give directions and push Indian manufacturing to next level, NITI Aayog CEO BR Subrahmanyam said on Friday. He said Indian manufacturing will be in aiding India’s journey to become a developed nation by 2047.
Talking about the Mission at CII’s Annual Business Summit 2025, he said, “We are in the final stage of that, probably in a month’s time, it will get announced.“ I think it should be like an overarching body, which has the power to give directions and ensure things are done…What we need is a body with teeth, a body that get thing done. So we are looking at how it is to be structured, how it gets that kind of muscle that actually gets things done spread across multiple departments.”
The Centre had in Budget 2025-26 announced that the National Manufacturing Mission will be put in place to cover small, medium and large industries for furthering Make in India. India envision that manufacturing sector’s share to be 25 per cent or $7.5 trillion by 2047 when Indian economy is expected to become a $30 trillion economy. Manufacturing sector will need to grow at 15 per cent growth rate to be able to transition people out of agriculture for livelihoods.
He added that for India to become a developed nation it will need a manufacturing transformation, which will take people out of agriculture. “The Mission will need to focus on picking up winning sectors or frontier sectors, clusters, set targets which will be monitored, hand-hold these sectors in getting transformed in a very short time and we should see the mission showing results by 2030 and 2035. That’s the goal,” Subrahmanyam added. The Mission’s focus will also be breaking through international markets with a high focus on quality, competitiveness and productivity, he added.
The Mission will also focus on solving for gender imbalance in manufacturing and regional imbalances. “The whole idea will be make India a champion….a leader in manufacturing…a quality and innovation hub of the world as well as the innovation hub of the world,” he added.
Published on May 30, 2025
NITI Aayog CEO BR Subrahmanyam
| Photo Credit:
SHIV KUMAR PUSHPAKAR
The National Manufacturing Mission, which is expected to be formally unveiled within a month, will serve as an overarching body, which will have power to give directions and push Indian manufacturing to next level, NITI Aayog CEO BR Subrahmanyam said on Friday. He said Indian manufacturing will be in aiding India’s journey to become a developed nation by 2047.
Talking about the Mission at CII’s Annual Business Summit 2025, he said, “We are in the final stage of that, probably in a month’s time, it will get announced.“ I think it should be like an overarching body, which has the power to give directions and ensure things are done…What we need is a body with teeth, a body that get thing done. So we are looking at how it is to be structured, how it gets that kind of muscle that actually gets things done spread across multiple departments.”
The Centre had in Budget 2025-26 announced that the National Manufacturing Mission will be put in place to cover small, medium and large industries for furthering Make in India. India envision that manufacturing sector’s share to be 25 per cent or $7.5 trillion by 2047 when Indian economy is expected to become a $30 trillion economy. Manufacturing sector will need to grow at 15 per cent growth rate to be able to transition people out of agriculture for livelihoods.
He added that for India to become a developed nation it will need a manufacturing transformation, which will take people out of agriculture. “The Mission will need to focus on picking up winning sectors or frontier sectors, clusters, set targets which will be monitored, hand-hold these sectors in getting transformed in a very short time and we should see the mission showing results by 2030 and 2035. That’s the goal,” Subrahmanyam added. The Mission’s focus will also be breaking through international markets with a high focus on quality, competitiveness and productivity, he added.
The Mission will also focus on solving for gender imbalance in manufacturing and regional imbalances. “The whole idea will be make India a champion….a leader in manufacturing…a quality and innovation hub of the world as well as the innovation hub of the world,” he added.
Published on May 30, 2025
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The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution
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