Overview
- The report was published and launched on Thursday, August 13, 2026, as the first volume of a multi‑part study that will cover 12 priority manufacturing sectors in total.
- Volume One focuses on chemicals, textiles, telecom and network equipment, and solar photovoltaic manufacturing and lays out sector‑specific opportunities and policy actions.
- NITI Aayog documents that India’s share of global manufacturing value was about 3.2 percent in 2023 versus roughly 32 percent for China, and that manufacturing has held around 16–18 percent of India’s GVA for two decades.
- The study gives concrete targets and data: textiles employ about 45 million people and exported USD 37.7 billion in FY2025, solar installed capacity reached 106 GW by March 2025 with a 280 GW 2030 goal, and chemicals consumption is forecast at USD 290–310 billion by FY2030 requiring roughly 14 percent annual production growth.
- Across sectors the report flags common constraints — import dependence for critical components, fragmented MSME supply chains, infrastructure and skill gaps — and recommends localisation, joint ventures for technology transfer, integrated industrial clusters, R&D and targeted skilling, with further volumes to detail the remaining eight sectors and implementation steps.