From The Economic Times · ANI · · 1m
Make in India Focus Shifts to Global Manufacturing
India's manufacturing growth now targets global competitiveness through deeper tech capabilities and supply chains.
In brief
India's manufacturing growth now targets global competitiveness through deeper tech capabilities and supply chains. CII says Make in India must shift from import substitution to building global competitive manufacturing capabilities. Originally reported by The Economic Times.
Make in India's new focus
India's manufacturing moves beyond production capacity to build stronger supply chains and global market participation.
CII director general
Chandrajit Banerjee says manufacturing opportunity is about global competition, not just import substitution.
“India's manufacturing opportunity is no longer only about substituting imports; it is about building deeper capabilities that can compete globally”
PLI schemes impact
PLI schemes attracted Rs 2.58 lakh crore investment and supported 14.57 lakh jobs by June 2026.
Tata Chemicals perspective
R Mukundan links manufacturing potential to large domestic market and competitive production base.
“A large market attracts businesses. A competitive production base creates businesses. A country that can combine both, while developing technology, talent, infrastructure and capital, can shape global value chains”
Global integration progress
India signed nine major trade agreements covering 38 countries with more under negotiation.
Next phase priorities
India needs to focus on technology creation, state-center coordination and global production network participation.
The short version
CII says Make in India must shift from import substitution to building global competitive manufacturing capabilities.
