India’s bold vision to scale exports to $1.3 trillion by 2035 hinges on streamlining regulations and deep structural changes. Moving away from fiscal heavy-lifting, the focus is now squarely on manufacturing to drive economic expansion.
Prime Minister Modi’s latest initiative aims to cement India’s role as a pivotal player in world trade through enhanced manufacturing capabilities. The blueprint identifies 15 core sectors like advanced semiconductors, metals, electronics, and leather products ripe for growth.
By easing compliance burdens and fostering a investor-friendly environment, authorities expect a surge in production, foreign capital inflows, and stronger global market penetration for Indian goods. In a volatile world economy, India’s steady ascent positions it as a beacon of reliability.
Global supply disruptions and tensions have opened doors for India to step up as a trusted manufacturing alternative. FICCI’s latest quarterly survey paints a rosy picture: Q3 FY2026 saw manufacturing indices at record peaks, with confidence levels peaking.
A striking 91% of respondents noted production holding steady or rising, compared to 87% previously. 86% anticipate robust or better orders ahead, boosted by GST reductions. These companies, with collective revenues over ₹3 lakh crore annually, enjoy favorable financing—8.9% average borrowing costs and 87% satisfied with banking support for short- and long-term requirements.
As these trends solidify, India’s export ambitions appear within reach, promising a manufacturing renaissance.
