India Unveils National Manufacturing Mission to Boost 'Make in India' Initiative

In a major push to strengthen India's manufacturing sector, the government has announced the establishment of a National Manufacturing Mission as part of the Union Budget 2025-26. This strategic move aims to accelerate the 'Make in India' initiative, driving economic growth and job creation. The mission is expected to focus on enhancing domestic production capabilities, attracting foreign investments, and improving the country's global competitiveness in manufacturing. With this new initiative, India reaffirms its commitment to becoming a global manufacturing hub and achieving its target of increasing the manufacturing sector's contribution to GDP to 25% by 2025.

Source: Union Budget 2025-26 announcement by the Finance Minister of India