BS EDIT: India’s Manufacturing Reset: Will It Work This Time?

By Business StandardPublished On May 14, 2025

A New Push Begins

The Centre plans a National Manufacturing Mission to revive the sector and support Make in India

Past Plans, Modest Gains

Manufacturing has hovered at 15–17% of GDP, well below the 25% goal

Spotlight on MSMEs

The mission will focus on MSMEs, vital for jobs and inclusive growth, yet long neglected

Clean-Tech as a Growth Lever

India eyes leadership in EVs, solar cells, and green tech, aligning with climate goals

Compete Globally

Tech upgrades, product quality, and export competitiveness are top priorities

Execution Is Key

Reforms, state-centre synergy, and follow-through will decide if this mission succeeds