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Manufacturing, MSME & Industrial Policy

Manufacturing contributes approximately 17% of India's GDP and is central to the government's Atmanirbhar Bharat and Make in India initiatives, with the Ministry of Commerce & Industry and Ministry of MSME as key regulators. MSMEs account for over 30% of GDP, 45% of exports, and employ around 110 million people, making them the backbone of India's industrial economy. Policy direction is focused on PLI schemes, formalisation of MSMEs, industrial corridor development, and raising manufacturing's GDP share to 25% by 2025.