India’s aspiration to become a global manufacturing hub by 2047 will require a focused strategy that combines scale, competitiveness, innovation, and integration into global value chains, Niti Aayog said on Thursday.
The Aayog, in its report, titled ‘Key sectors to position India as a Global Manufacturing Hub’, said chemicals, textiles, telecom and network equipment, and solar PV manufacturing represent four distinct yet complementary pathways through which India can accelerate industrial growth, generate employment, enhance technological capabilities, strengthen self-reliance, and expand its presence in international markets.
Together, these sectors capture the breadth of India’s manufacturing opportunity: from employment-intensive industries and foundational industrial inputs to advanced technology products and strategic sectors of the future, it added.
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