The Export Promotion Mission (EPM) is a comprehensive initiative aimed at strengthening India’s export ecosystem, particularly for MSMEs, new exporters and labour-intensive sectors. Through its twin components Niryat Protsahan (financial support) and Niryat Disha (ecosystem and market support), the Mission reduces the cost of finance, improves compliance with global standards, enhances logistics and warehousing access, and promotes entry into new markets. By integrating digital monitoring, credit support, trade intelligence and district-level export promotion, EPM seeks to boost export competitiveness, diversify markets and ensure inclusive, regionally balanced growth while deepening India’s integration into global value chains.
Click to View MoreRare earth magnets are high-performance materials essential for electric vehicles, wind turbines, electronics, and defence systems, making them critical for India’s clean energy transition and technological growth. With China dominating global processing, India’s push for domestic manufacturing, critical mineral processing, and recycling aims to reduce import dependence and build a self-reliant mine-to-magnet ecosystem to strengthen economic and strategic security.
Click to View MoreBio-based chemicals and enzymes are industrial products derived from renewable biological resources such as crops, biomass, and agricultural residues through processes like fermentation and enzymatic conversion. They offer a sustainable alternative to petrochemicals by reducing fossil fuel dependence, lowering carbon emissions, and supporting a circular bioeconomy.
India has strong potential in this sector due to its large agricultural base, established fermentation expertise, and growing manufacturing capacity. The government has prioritised biomanufacturing under the BioE3 policy, and domestic companies are increasingly investing in bio-based production. However, challenges such as higher costs, feedstock supply constraints, limited infrastructure, and slow market adoption need to be addressed.
With appropriate policy support, shared infrastructure, and market incentives, bio-based chemicals and enzymes can strengthen India’s industrial competitiveness, promote agricultural value addition, and contribute to sustainable economic growth.
Click to View MoreThe Union Budget 2026–27 reinforces the capital goods sector as a key driver of India’s investment-led growth by increasing public capital expenditure to ₹12.2 lakh crore and introducing targeted measures to strengthen domestic manufacturing capacity. Key initiatives include a ₹10,000 crore container manufacturing scheme, establishment of Hi-Tech Tool Rooms, support for construction and infrastructure equipment, tax incentives for toll and electronics manufacturing, and customs duty exemptions for energy storage and critical mineral processing. Along with ongoing programmes such as Make in India, PLI and the Capital Goods Competitiveness Scheme, these measures aim to enhance technological capability, reduce import dependence and position India as a globally competitive manufacturing hub.
Click to View MoreThe One District One Product (ODOP) initiative promotes a unique product from each district to drive local economic growth, generate employment, and preserve traditional skills. Spearheaded by the Department for Promotion of Industry and Internal Trade, ODOP strengthens branding, improves quality, and expands market access through digital platforms, trade fairs, and export promotion. By linking heritage with modern markets, the programme supports balanced regional development and advances India’s vision of self-reliant and inclusive growth.
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ACC battery PLI scheme is faltering, achieving just 2.8% of its 50 GWh target after four years. Rigid value-addition norms, weak ecosystem support, and design flaws demand a reset toward an integrated value-chain strategy, from minerals to recycling, aligned with global best practices.
Click to View MoreIndia is prioritizing the development of domestic rare-earth permanent magnet (REPM) manufacturing to reduce import dependence, secure supplies of critical minerals, and support clean-energy, electric mobility, electronics, and defence sectors. The initiative aligns with national strategies such as the National Critical Minerals Mission and recent mining-policy reforms that promote exploration, processing, and private participation. Alongside international partnerships and resource acquisition efforts through KABIL, strengthening REPM capacity positions India to build resilient supply chains, advance self-reliance, and integrate more strongly into global value chains for advanced materials.
Click to View MoreThe manufacturing sector plays a crucial role in India’s economic development by generating large-scale employment, boosting GDP growth, and driving structural transformation from agriculture to industry. However, its performance has remained below potential, with the sector contributing only about 15–17% of GDP and around 11–12% of total employment. Constraints such as high logistics costs, infrastructure gaps, low R&D spending, skill mismatches, regulatory complexity, and dominance of informal enterprises have slowed progress. Government initiatives including Make in India, Production Linked Incentive schemes, PM Gati Shakti, Atmanirbhar Bharat, and Skill India aim to raise competitiveness, enhance domestic value addition, and integrate India more deeply into global value chains. Overall, manufacturing remains central to India’s growth strategy, but sustained reforms and investment are needed to fully realise its potential.
Click to View MoreIndustrial parks are planned industrial ecosystems that provide serviced land, shared infrastructure, and simplified governance to accelerate manufacturing growth in India. Backed by initiatives such as plug-and-play parks, the India Industrial Land Bank, industrial corridors, and the Industrial Park Rating System, they play a crucial role in attracting investment, generating employment, promoting sustainability, and strengthening India’s integration into global value chains, while also requiring continuous upgrades to address infrastructure gaps, regional imbalances, and environmental challenges.
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The India-Russia relationship, elevated to a "Special and Privileged Strategic Partnership," remains resilient amidst a complex multipolar world. Historically anchored in defence cooperation, the partnership is now driven by energy security, evidenced by soaring crude oil imports and collaboration on the Kudankulam Nuclear Power Plant.
Click to View MoreIndia aims to become a $30 trillion economy in the next 25 years, driven by sustained GDP growth, strategic government policies, and long-term planning. While past growth trends and currency factors make this projection plausible, challenges such as slowing growth rates, inflation, and infrastructure gaps remain. Achieving this goal will require multi-dimensional efforts in trade, investment, technology, and human capital development, positioning India as a major global economic power by 2050.
Click to View MoreIndia’s electronics sector is rapidly growing, becoming the third-largest export category in 2024–25. The Electronics Component Manufacturing Scheme (ECMS), with investments of over ₹1.15 lakh crore, aims to strengthen domestic component production, create over 1.4 lakh jobs, and integrate India into global electronics supply chains. Key products include PCBs, camera modules, laminates, and polypropylene films. While challenges like technology gaps, import dependence, and infrastructure remain, government initiatives, skill development, and innovation are driving India toward becoming a global electronics hub.
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