In a strategic move to strengthen domestic manufacturing and increase exports, the Indian government has set ambitious targets in key sectors, aiming to reach $500 billion by 2030.
The initiative was discussed at a meeting organized by the Ministry of Industry and Internal Trade Promotion in collaboration with Invest India and the SCALE (Steering Committee for Local Value Addition and Export Promotion) Committee, which focused on 10-11 key sectors. The target is
According to a report by economic timesSectors identified for focus include auto parts, vehicles (including EVs), capital goods, chemicals, drones, medical devices, aerospace and defense, leather and footwear, textiles, and space. Masu.
Recent Chintan Civil It brought together industry leaders, knowledge partners and government officials from key sectors.
Discussions during the event revolved around understanding the current scenario, addressing challenges and formulating customized recommendations to stimulate the country’s manufacturing landscape.
The conference, presided over by Minister of Commerce and Industry Piyush Goyal, Minister of Chemicals and Fertilizers Mansukh Mandaviya and Minister of Heavy Industries Mahendra Nath Pandey, demonstrated joint efforts to create an environment conducive to robust economic growth and global competitiveness. .