India targets 25% GDP share from manufacturing by 2047
pre-market1 source ↓written by the desknot a recommendation
- to boost India's
- 12-sector strategy
- by 2047
- 25% of GDP
- people
- 45 million
NITI Aayog's report outlines a 12-sector strategy to boost India's manufacturing share to 25% of GDP by 2047. Key sectors include automobiles, electronics, and pharmaceuticals. The initiative aims to enhance local value addition and create jobs, supporting the vision of a Viksit Bharat. 📈
Key Highlights:
• Report released on 13 Aug 2026
• Focus on global supply chain diversification
• Textiles sector alone employs 45 million people
This strategy may significantly impact investment flows and market sentiment in the manufacturing sector.
Not investment advice. For informational purposes only.