Here’s the thing — there’s been a lot of talk lately about how India’s manufacturing sector is going to grow, and honestly, it sounds pretty promising. Easwaran Subramanian, who’s an expert at Deloitte India, recently said that focusing on cleantech might be the key to taking things to the next level. And with the 2025 tax changes coming in, now seems like the right time to shake things up a bit.
Why Everyone’s Talking About Cleantech Right Now
Cleantech — basically clean and sustainable tech — is being pushed as a core part of how India wants to grow its manufacturing industry. Instead of sticking to the old ways that can hurt the environment or waste energy, the new goal is to bring in smarter, greener solutions. This can mean everything from using solar power in factories to making production more energy-efficient. It's not just about saving the planet — though that’s a big deal — it’s also about making the whole process faster, cheaper, and more future-proof. That’s a win-win if you ask me.
Spreading Manufacturing Across More States
One big idea behind this plan is to stop putting all the factories in just a few areas and instead spread things out a bit more. Right now, some regions are doing all the heavy lifting while others are kind of left behind. With this mission, the government wants to create more balance — give more states a chance to grow, build, and offer jobs. This could mean better infrastructure, more training centers, and just more overall development in places that haven’t seen much of it before. It’s about making sure growth isn’t stuck in just a few pockets of the country.
Trying to Hit That 20% Manufacturing GDP Mark
Here’s a number to keep in mind: 20%. That’s the target for how much of India’s GDP should come from manufacturing. Right now, we’re sitting at around 16%, and the idea is to push that up by building a stronger, cleaner, and more widespread manufacturing base. It’s ambitious, sure, but with the right support — like tax benefits and cleantech investments — it doesn’t seem out of reach. If this works, it could mean a lot more jobs and more money flowing through the economy.
Making Indian Products More Competitive Globally
There’s another piece to all this that doesn’t get talked about enough — exports. If Indian manufacturers start using cleaner, more advanced technology, our products could stand out more in the global market. Other countries are starting to care a lot about how things are made, not just what they are. So if India becomes known for building quality products with less environmental damage, that could open up new trade doors and boost our export numbers big time.
A Stronger Supply Chain for the Future
Lastly, there’s this whole thing about improving the value chain. That’s a fancy way of saying we need all the parts of the manufacturing process — from raw materials to the final product — to work better together. Cleantech could help with that, especially in newer industries like electric vehicles and renewable energy. If India gets this right, we could become a major player in these fast-growing sectors, not just at home but worldwide.
Final Thoughts
This whole cleantech shift in manufacturing isn’t just another government buzzword. It’s actually part of a bigger plan that could shape where India’s headed in the next few years. Better tech, more balanced growth, and cleaner production — if all this comes together, the future’s looking pretty solid for the manufacturing scene.
