The Union Cabinet has approved a ₹7,280 crore scheme to set up India’s first integrated Rare Earth Permanent Magnet manufacturing facilities, targeting 6,000 MTPA capacity. It will reduce import dependence, support EVs and renewable energy, and contribute to Net Zero goals. The government also approved Pune Metro Phase 2 and two major railway infrastructure projects in Gujarat and Maharashtra.
Click to View MoreRelaxing industrial green-cover norms prioritizes convenience over ecological health. On-site green belts only mitigate dust and noise but fail to restore ecosystem services like carbon storage and biodiversity. Policymakers should combine limited on-site greenery with mandatory off-site landscape-level restoration to embed industries as stewards of nature.
Click to View MoreIndia’s Index of Industrial Production (IIP) slipped to a three-month low of 4% in September 2025, reflecting slow growth in mining, primary goods, and consumer non-durables sectors. While consumer durables and manufacturing saw improvement due to GST reforms and festival demand, the overall industrial activity in the first half of FY 2025-26 was the slowest in five years. Government measures like GST rate cuts, PLI schemes, MSME credit support, and infrastructure development aim to revive growth. A holistic approach involving investment promotion, modernization, skill development, and policy stability is critical to sustain industrial growth and boost economic resilience.
Click to View MoreThe reopening of the PLI Scheme for White Goods highlights India’s push for self-reliance by boosting domestic manufacturing, reducing imports, and promoting innovation. With growing market demand, success depends on streamlined policies, technology transfer, and global competitiveness to strengthen supply chains and exports.
Click to View MoreIndia's regional industrial growth is influenced by historical legacies, geographical constraints, and policy choices. To promote balanced development, India is focusing on initiatives like 'Make in India' and industrial corridors, addressing infrastructure deficits, promoting skill development, and ensuring effective Centre-state cooperation.
Click to View MoreIndian textile industry faces challenges like outdated technology, fragmentation, and global competition. Government initiatives like the PM MITRA scheme for infrastructure and the Production-Linked Incentive (PLI) scheme aim to address these issues. A key strategy for the future involves embracing technical textiles and sustainable practices to boost competitiveness and exports, leveraging India's rich heritage in the sector.
Click to View MoreThe Made in China 2025 initiative aims to transform China into a global manufacturing superpower by focusing on 10 key industries. China has achieved success in electric vehicles, renewable energy, and biopharmaceuticals. To learn from MIC2025, India should focus on sunrise sectors, boost R&D, and diversify global supply chains.
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