News Brief
BJP Manifesto Details Plans To Make India A Global Manufacturing Powerhouse In Modi 3.0: All About It
A laptop manufacturing facility in India.
The Bharatiya Janata Party (BJP) in its manifesto has detailed ambitious plans to transform India into a global manufacturing powerhouse under the possible third term of Prime Minister Narendra Modi led NDA government.
The manifesto promises expansion across various section various manufacturing sectors, aiming to create numerous job opportunities and boost economic growth.
Key Highlights:
Global Manufacturing Hub: The manifesto pledges to continue the success of the "Make in India" initiative, enhancing sectors like electronics, defense, and automobiles, with a vision to establish India as a global manufacturing hub.
Product Nation: Leveraging India's capabilities in engineering and design, the BJP plans to combine these with manufacturing to transform India into a significant product development and manufacturing nation.
Industrial Infrastructure: According to the manifesto, the BJP will develop industrial cities along various corridors to promote industrialisation and inclusive growth in underdeveloped regions, based on the principles of PM-Gatishakti.
Core and Emerging Industries: The manifesto focuses on transitioning to sustainable manufacturing processes in core industries like steel and cement. It also emphasises expanding defence manufacturing, establishing global hubs for railways, aviation, and shipbuilding, and enhancing pharmaceutical, electronics, and semiconductor sectors.
Electric Vehicles and Textiles: The BJP aims to support the automobile industry's shift to electric vehicles, including developing a national EV charger infrastructure. It also plans to bolster the traditional textile industry by investing in research and modernising infrastructure.
Strategic and Innovative Sectors: The manifesto includes support for exploring and processing rare earths and strategic minerals, growing the lab-grown diamond industry, and setting up bio-manufacturing hubs as part of a move towards a green economy.
