Topic
self-reliance
India identifies $51 billion in critical imports for domestic manufacturing push
India's internal government analysis has identified $51 billion in critical imports that could be replaced by domestic manufacturing, part of a $398 billion import substitution potential. The move aims to mitigate supply-chain risks and reduce reliance on China.
PM Modi pushes to cut import dependence, boost domestic manufacturing to shield India from global shocks
Prime Minister Narendra Modi has ordered a push to replace high-import goods with local products. The Ministry of Commerce is preparing a list of over 100 products, while the cabinet approved a $19.7 billion incentive boost for chip and smartphone production. Economists say self-reliance is born of necessity.
Commodities Gujarat's Role in India's Copper Self-Reliance
Gujarat is emerging as a crucial player in India's quest for copper self-reliance. With Hindalco's massive smelter at Dahej and strategic infrastructure, the state is poised to reduce India's import dependency.