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India2025-07-07en

NITIसधं ान - Quarterly newsletter by Research and Networking (R&N) Division of NITI Aayog

Summary

India faces the challenge of enhancing its economic competitiveness and achieving inclusive socio-economic development to realize the vision of Viksit Bharat by 2047, particularly in key manufacturing sectors like automotive and hand/power tools where cost disadvantages and low global market share persist. NITI Aayog, through evidence-driven research, policy workshops, and targeted interventions, is developing roadmaps for state-level fiscal reform, socio-economic development, and strengthening specific industries by addressing challenges like R&D investment, infrastructure, and skill gaps. These initiatives are in progress, with recent research publications and policy workshops informing tailored fiscal and non-fiscal measures aimed at boosting production, exports, and employment across critical sectors.

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