Private sector may get SOPs in lagging states as govt firms up National Manufacturing Mission blueprint

  • Posted on August 7, 2025
  • By Business News Today
  • 1 Views
Private sector may get SOPs in lagging states as govt firms up National Manufacturing Mission blueprint

The government is planning to incentivize private sector investment in manufacturing, particularly in lagging states, and encourage the hiring of more women. The National Manufacturing Mission aims to increase manufacturing's GDP contribution to 25% by 2047. Niti Aayog is finalizing a roadmap that includes skill development and strict monitoring, fostering public-private partnerships to achieve these ambitious goals.
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