Overview
- NITI Aayog CEO BVR Subrahmanyam said the mission is in its final stages and should be formally announced within a month at the CII Annual Business Summit.
- The initiative will establish a powerful governing body with enforcement powers to streamline decision-making across multiple departments.
- Policy support will span small to large industries through detailed execution roadmaps, governance frameworks and pre-cleared approvals to reduce bureaucratic delays.
- The mission targets a 25% manufacturing share of GDP by 2047, equivalent to $7.5 trillion in output, with specific goals for frontier sectors and industrial clusters.
- Plans call for addressing regional imbalances and increasing women’s participation by fostering balanced industrial development and targeted skills training.