India's Manufacturing Push: Targeting 100 Products for Growth

The Indian government is collaborating with industry leaders to boost domestic manufacturing by targeting approximately 100 products not currently produced or insufficiently manufactured within the country. This strategic move, revealed by Amardeep Singh Bhatia, Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), focuses on enhancing the auto sector alongside others.

During a CII conference, Bhatia detailed ongoing efforts to make India a more competitive manufacturing hub. He discussed plans to introduce additional products into manufacturing, citing axles and motorcycle components as potential candidates. The aim is to better serve both local and international markets by bridging gaps in technology and leveraging existing capabilities.

As part of this initiative, the government plans to introduce the 'Made in India Brand Scheme', starting with a successful pilot in the steel sector. The scheme will provide branding and quality assurance for domestically manufactured products. Additionally, Bhatia highlighted the swift impact of artificial intelligence on manufacturing productivity and innovation, while encouraging long-term investments in India's emerging market opportunities facilitated by free trade agreements.

(With inputs from agencies.)