Namaskara,
This opinion piece has been authored by me for Mint (
@livemint) It reflects my views on strengthening India’s manufacturing ecosystem through strategic reforms and focused policy interventions.
I have articulated how the Union Budget 2026–27, under the visionary leadership of Hon’ble Prime Minister Shri
@narendramodi avaru, lays a strong foundation for building a self-reliant, future-ready and globally competitive manufacturing sector.
Special emphasis has been placed on promoting domestic manufacturing of construction and infrastructure equipment, clean mobility, advanced materials, critical minerals and rare earth ecosystems.
Through targeted incentives, customs duty rationalisation and long-term policy support, the Government is enabling original equipment manufacturers and component makers to expand domestic capacities and enhance value addition.
The focus on energy storage, battery manufacturing, renewable energy, and indigenous production of high-value components will significantly strengthen India’s EV and clean energy ecosystem.
The article also outlines how dedicated rare earth corridors and support for advanced manufacturing will reduce import dependence and improve global competitiveness.
These initiatives will generate skilled employment, strengthen research and development, and position India as a global hub for high-value manufacturing.
@PMOIndia @MHI_GoI
🇮🇳
#Budget2026 #ViksitBharat2047
#MakeInIndia #AtmanirbharBharat
#ManufacturingGrowth #CleanMobility