Digitizing Make in India 3.0 presents a holistic blueprint for India’s manufacturing transformation as the country advances toward its Vision 2047 aspiration of becoming a technology-led, innovation-driven economy. With national efforts to elevate manufacturing’s share of GDP to ~25%, policy initiatives such as Make in India, Atmanirbhar Bharat, and PLIs are steering the shift from assembly-focused growth to deeper design, R&D, and global value-chain participation.
The report highlights multiple priority areas – electronics and semiconductors, defence, automotive and EVs, energy manufacturing, and pharmaceuticals and chemicals – that reflect strong domestic momentum, strategic importance, and significant export potential. These sectors form the backbone of India’s next manufacturing wave.
To tap into these opportunities, India must strengthen its mid-stack capabilities, expand upstream depth, and reduce dependence on imported components and materials. The report outlines four imperatives to unlock India’s next leap: fostering innovation by scaling R&D and accelerating commercialization; building strategic depth through localized components and standardized design frameworks; enhancing competitiveness via cluster-led development, modern skilling, and adequate growth capital; and driving productivity through widespread adoption of AI and Industry 4.0 tools.
Together, these pathways can help India build globally competitive manufacturing ecosystems and accelerate its journey toward a resilient, high-value, and self-reliant industrial economy by 2047.