India 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.
Click to View MoreThe Rashtriya Vigyan Puraskar (RVP), instituted by the Government of India in 2023, is a prestigious national award recognizing outstanding contributions in science and technology. It has four categories—Vigyan Ratna (lifetime achievement), Vigyan Shri (recent distinguished work), Vigyan Yuva (for scientists under 45), and Vigyan Team Award (for collaborative innovation). The awards include a medal and citation but no cash prize, aligning with the spirit of the Padma Awards. The Principal Scientific Adviser (PSA) chairs the selection committee, which recommends awardees to the Minister of Science & Technology. RVP aims to promote scientific excellence, streamline recognition, and enhance the national stature of India’s science awards, though transparency and merit-based selection remain key for its credibility.
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As global powers turn inward, India has a rare chance to make its cities global innovation hubs. This requires urgent urban reform, better governance, clean air, efficient transport, and top-tier education and healthcare to attract and retain talent, driving India’s economic transformation.
Click to View MoreThe Biotech sector in India is experiencing rapid growth, fueled by innovation, government initiatives, and international demand. However, challenges such as funding shortages, fragmented infrastructure, and outdated regulations impede its full potential. To become a global leader, India must streamline biotech clusters, attract late-stage investment, update regulations, and develop skilled talent for sustainable, innovation-driven growth.
Click to View MoreThe Swadeshi Movement, rooted in India’s fight against colonial economic exploitation, emphasized using indigenous goods and rejecting foreign products. While it played a crucial role in uniting people during the freedom struggle, its post-independence influence led to protectionist economic policies. In modern times, Swadeshi has re-emerged through initiatives like Make in India and Aatmanirbhar Bharat
Click to View MoreNITI Aayog’s proposed Manufacturing & Infrastructure Index to benchmark states on policies, logistics, and approvals, promoting competitive federalism. By guiding investors and policymakers, it seeks to diversify supply chains, cut geopolitical risks, and secure critical resources essential for India’s industrial growth.
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.
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