Creating the USD1 trillion Indian manufacturing sector that works for inclusiveness and innovation

Creating the USD1 trillion Indian manufacturing sector that works for inclusiveness and innovation

NEW DELHI, INDIA, 14 November 2019 – United Nations Industrial Development Organization (UNIDO) organized today roundtable dialogue on “Manufacturing for India@75” with InvestIndia and the Department for Promotion of Industry and Internal Trade, Government of India. The roundtable brought together Ministers of State, senior government officials and captains of industry to reflect on strategies and challenges towards creating a USD1 trillion Indian manufacturing sector.

In its endeavor to create the New India at India’s 75 years of independence, Government of India is aiming to put India on the road to USD5 Trillion economy with a 20% contribution from manufacturing. With manufacturing creating some USD410 billion in 2018, this sets the challenge for a 2.5-fold growth in some 7 years.

Framing the dialogue, Dr Rene Van Berkel, UNIDO Representative, called attention to ensure that manufacturing serves markets, people, and environment and climate, a notion reflected in the global Sustainable Development Goal 9: achieving inclusive and sustainable industrialization. “Moreover, manufacturing is undergoing disruptive change in face of global transformations, including Industry 4.0, circular and low carbon economy, sustainability standards in global value chains and nexus of urbanization and industrialization”.

Mr Philippe Scholtes, UNIDO Managing Director (Programme Development and Technical Cooperation), shared findings of UNIDO’s most recent flagship report Industrialising in digital age. “UNIDO’s findings put India in group of immediate followers for adopting Industry 4.0, along with others like Australia, Canada, Italy and Spain”.

Mr. Siddharth Bhatia, Vice President, Invest India, moderated panel discussion with Mr. P. Raghavendra Rao, Secretary, Department of Chemicals and Petrochemicals, Mr. Rajesh Aggarwal, Additional Secretary, Ministry of Skill Development and Entrepreneurship, Mrs. Sumita Dawra, Joint  Secretary, Department for Promotion of Industry and Internal Trade, and Mr. Rahul Bharti, Vice President, Maruti Suzuki and Chair of Taskforce of Federation of Indian Chambers of Commerce and Industry (FICCI). Significant progress has been made in improving the ease of doing business, which is paving the way for major investments in petrochemicals, automotive and other sectors. Challenges remain in improving vocational education and bringing in electronics manufacturing as enabler for other sectors.

During the Ministerial Segment, Honorable Arjun Meghal, Minister of State for Heavy Industry and Public Enterprises, addressed the challenges for Industry 4.0 and highlighted the importance of unlocking potential at local level through One District One Product development model. Honorable Rameswar Teli, Minister of State for Food Processing Industry, stressed on the importance to develop food processing sector at all scales – through mega food processing parks as well as village based production clusters to facilitate regional development, improve nutrition and reduce wastage. Honorable Som Parkash, Minister of State for Commerce and Industry, stressed that accelerated manufacturing sector growth will require a focus on quality, costs and supply chains, enabled by skilled workforce and robust industrial and logistics infrastructure.

For more information, please contact:

Rene Van Berkel,

UNIDO Representative

Regional Office in India