India is banking on a sweeping overhaul of its manufacturing sector to scale up exports to $1.3 trillion, as the government sharpens its focus on production competitiveness, supply-chain resilience and global market integration.
The strategy centres on expanding domestic manufacturing capacity, improving ease of doing business, and deepening participation in global value chains. Key initiatives include production-linked incentive (PLI) schemes, infrastructure upgrades, logistics cost reduction and targeted support for export-oriented sectors such as electronics, engineering goods, chemicals, textiles and pharmaceuticals.
Policymakers are also pushing regulatory reforms, faster clearances and greater policy stability to attract foreign investment and encourage multinational firms to expand manufacturing bases in India. Trade negotiations and free trade agreements are expected to play a complementary role by opening new markets and improving access for Indian goods.
Officials believe the manufacturing push will not only raise export volumes but also boost value addition, employment and technology adoption, positioning India as a competitive alternative in global supply chains amid shifting trade dynamics.