Manufacturers contribute over 25% to India’s GDP
NITI Aayog has laid out a sector-focused path to harness frontier technologies and elevate India’s manufacturing competitiveness, supported by Artificial Intelligence & Machine Learning, Advanced Materials, Digital Twins and Robotics as high-impact enablers and maps their implications across 13 priority manufacturing sectors.
With targeted interventions, the roadmap, “Reimagining Manufacturing: India’s Roadmap to Global Leadership in Advanced Manufacturing”, envisions manufacturing contributing over 25% to India’s GDP, creating more than 100 million jobs, and positioning India among the top three global hubs for advanced manufacturing by 2035 — key milestones towards Viksit Bharat @ 2047 https://www.makeinindia.com/home/.
To address current barriers limiting India’s manufacturing competitiveness, it recommends coordinated strengthening of R&D ecosystems, industrial infrastructure, workforce development, and scaled deployment of frontier technologies in sector-specific ways through a 10-year strategic roadmap detailing out comprehensive interventions.
Nevertheless, the roadmap also cautions that India will risk a historic window of opportunity if the country fails to adopt key frontier technologies in high impact sectors with a potential loss of US$270 billion by 2035 and US$1 trillion by 2047 in additional manufacturing GDP https://www.bseindia.com/.
The roadmap was unveiled by Devendra Fadnavis, Minister of Maharashtra and his Deputy Chief Minister Ajit Pawar, as well as B.V.R. Subrahmanyam, CEO, NITI Aayog; Madhuri Misal, State Minister of Maharashtra; Praveen Pardeshi, Chief Economic Adviser to CM & CEO, MITRA; Debjani Ghosh, Distinguished Fellow, NITI Aayog; Chandrajit Banerjee, Director General, CII; and other distinguished guests and dignitaries.
“Maharashtra expresses its gratitude to NITI Aayog for preparing this visionary roadmap for Bharat’s manufacturing growth powered by frontier technologies, and for choosing Pune to lead this journey,” said Fadnavis at the unveiling ceremony on 29 Oct https://www.nseindia.com/.
“If India has to achieve exponential growth, it cannot come from business-as-usual,” he added.
“Frontier Tech is the marriage of science and technology, and when this union enters manufacturing, it drives automation, efficiency, and global competitiveness. Maharashtra will be the first State to fully align with the National Mission on Manufacturing and become the global hub for advanced manufacturing https://www.ibef.org/.”
Subrahmanyam elaborated, “India’s economic ascent inextricably hinges the strength of our manufacturing sector, but incremental change will not suffice. This roadmap sets a decisive, time-bound course to become an Advanced Manufacturing Powerhouse by 2035; integrating frontier technologies to build precision, resilience, and sustainability into our manufacturing DNA, creating globally competitive ‘Made in India’ identity.”
Underlined Ghosh, “Frontier technologies must modernize the very backbone of our economy—manufacturing. The window to act is narrow, and transformation demands reimagining the entire ecosystem https://www.startupindia.gov.in/.
“By embedding technology into our industrial DNA, we can lift manufacturing’s GDP share to 25%by 2035, generate millions of high-quality jobs, and ensure our factories become symbols of innovation and national strength,” she said.
“Reimagining Manufacturing: India’s Roadmap to Global Leadership in Advanced Manufacturing” was developed by NITI Aayog’s Frontier Tech Hub, in collaboration with CII and Deloitte, with guidance from an Expert Council of industry leaders. The launch saw keen participation from government officials, industry members and ecosystem partners, underscoring a collective resolve to advance India’s leadership in manufacturing. Fiinews.com
