Infrastructure Figures Key in New Industrial Policy
Key
Highlights
·
Shift in policy from firm-level incentives to infrastructure-led
integrated manufacturing hubs.
·
Union Budget push: 3 chemical parks, 7 PM MITRA
parks, MSME clusters, ₹10,000 crore Biopharma SHAKTI.
·
Public capital expenditure increased sharply from ₹2
lakh crore (FY15) to ₹12.2 lakh crore (FY27 BE).
·
MSMEs (7.47 crore units) contribute 35.4% of
manufacturing output.
Role of
Manufacturing in India
·
Contributes 16–17% of GDP and employs over 27
million workers.
·
Target: Increase share to 25% of GDP by 2047.
·
Critical for India’s transition to a $30–35
trillion economy.
Global
Context & Strategy Shift
·
Competitiveness now driven by reliability,
resilience, and integration, not just low costs.
·
Rising importance of Global Value Chains (GVCs)
and high-tech manufacturing.
·
Integrated hubs enable scale, productivity, and
value chain integration.
India’s
Manufacturing Transformation
·
Shift from project-based to system-level
infrastructure planning.
·
India ranked 3rd most attractive manufacturing
destination globally.
·
Medium & high-tech sectors contribute 46.3%
of manufacturing value added.
Types of
Manufacturing Hubs
1. Large
Integrated Manufacturing Hubs
·
Plug-and-play industrial zones with shared
infrastructure & logistics.
·
Example: 20 industrial smart cities under NICDP
(4 completed).
·
PM MITRA parks for textile value chain
integration.
2.
Sector-Specific Ecosystems
·
Tailored infrastructure for key industries:
o
Bulk Drug Parks (3 states)
o
Semiconductors & electronics (Semicon India, ECMS 2.0)
o
Biopharma SHAKTI (₹10,000 crore)
3. MSME
Clusters
·
MSMEs contribute:
o
35.4% manufacturing output
o
48.58% exports
o
31.1% GDP
·
Supported via MSE-CDP (580 projects) and
common facility centres.
4.
Corridor-Linked Industrial Nodes
·
Integrated with logistics and transport
corridors.
·
Key corridors: DMIC, CBIC, AKIC, VCIC.
Infrastructure
& Governance Reforms
·
PM Gati Shakti: Integrated planning across
ministries and states.
·
India Infrastructure Project Development Fund
(IIPDF): Supports project preparation.
·
National Infrastructure Enablement Index (NIEI):
Measures state readiness.
State-Level
Initiatives
·
Uttar Pradesh: Defence Industrial Corridor (6
nodes).
·
Tamil Nadu: Electronics & automobile
clusters (“Detroit of Asia”).
·
Gujarat: Port-linked industrial hubs.
Budget
2026–27: Key Announcements
·
Chemicals: 3 new chemical parks.
·
Textiles: Expansion of PM MITRA parks.
·
MSMEs: Strengthening clusters &
common facilities.
·
Capital goods: Tool rooms, testing
infrastructure.
·
Infrastructure: Continued PM Gati Shakti
rollout.
·
Biopharma: ₹10,000 crore SHAKTI +
NIPERs + clinical trial network.
Conclusion
·
India’s strategy emphasizes integrated,
infrastructure-led manufacturing ecosystems.
·
Focus on Tier-2 & Tier-3 cities for
inclusive industrial growth.
·
Success depends on coordination, execution
capacity, and sustained public investment.