Context:
Nirmala Sitharaman will launch the ‘National Manufacturing Mission‘ which aims to develop India’s industrial sectors with its ‘Make in India‘ strategy. Under this plans to facilitates the policy support, implementation blueprints, and governance architecture to industries that cater to both – small, medium, and big-scale enterprises.
Important Revelations
National Manufacturing Mission
- Focus on five key areas:
- Ease and cost of doing business
- Future-ready workforce for high-demand jobs
- Strengthening MSME sector
- Technology availability and adoption
- Ensuring quality standards for products
- Support for Clean Tech manufacturing, including:
- Solar PV cells – EV batteries, motors, and controllers – Electrolyzers, wind turbines – Very high voltage transmission equipment – Grid-scale batteries
Boost to Labour-Intensive Sectors
- Targeted policies and facilitation measures for employment generation. Footwear & Leather Industry Support Scheme:
- Concentrate on design capacity, component manufacturing and machinery. It is also a part of support for non-leather and leather-based products. This is the one which will result in an expected impact as under: The new employment of 22 lakh The Turnover of ₹4 lakh crore The export of ₹1.1 lakh crore
National Action Plan for Toys
- Objective: Make India a global toy manufacturing hub.
- Focus areas:
- Cluster development
- Skill enhancement
- Manufacturing ecosystem for unique, high-quality, sustainable toys
- Branding under “Made in India”
Support for Food Processing Industry
Establishment of National Institute of Food Technology, Entrepreneurship and Management in Bihar.
- Key Benefits
- Enhancement of the food processing business in the eastern region.
- Ensuring richer incomes to farmers as a result of value addition. – Enhance skill generation, entrepreneurship opportunities, and jobs for young people.
Conclusion
The National Manufacturing Mission and sector-specific initiatives will drive industrial growth, create jobs, and enhance India’s global competitiveness with headline focus on clean tech, MSMEs, labor-intensive industries, and food processing to make India a stronger manufacturing powerhouse while attaining sustainability and economic inclusivity.
