Finance Ministry approves ₹10,000 crore for manufacturing mission
after close1 source ↓written by the desknot a recommendation
- fund
- ₹10,000 crore
- GDP contribution
- 12.9% to 25% by 2035
The Expenditure Finance Committee has approved a ₹10,000 crore fund for the National Manufacturing Mission, aiming to boost manufacturing's GDP contribution from 12.9% to 25% by 2035. This initiative will enhance the ease of doing business, generate skilled jobs, and promote greener technologies like EVs and solar energy.
The mission aligns with the government's 'Make in India' and 'Atmanirbhar Bharat' initiatives, positioning India as a global manufacturing hub.
Not investment advice. For informational purposes only.