Niti Aayog has invited response from interested institutions and so far about nine organisations have stepped in to undertake the study.
the nine institutions are Aeon Market Research, CRISIL, Ernst & Young, Nangia & Co, KPMG Advisory Services, SR Asia, ISID, NCAER and Projection Strategy. The selected bidder or consultant will have to submit the report in four months.
The purpose of this research study is to identify the key sectors in India that have the potential to transform the country into a global manufacturing hub. The study will focus on analyzing various factors, including future trends in manufacturing, industrial capabilities, infrastructure, policy framework, and market potential, to determine the sectors that offer the most significant opportunities for India’s manufacturing growth.
Mapping India’s manufacturing sector with Global landscape
- Sector wise future trends in Global manufacturing. At least 12 sectors may be covered.
- Detailed analysis of Indian manufacturing sector and its mapping with global trends/benchmark
- Identification of key sectors in India with high growth potential for manufacturing considering the value of product, manufacturing efficiency and global demand etc.
- Assessment of the existing industrial capabilities, infrastructure, and other factors of production in the identified sectors.
- Recommend strategies and interventions to overcome challenges and promote growth in the identified sectors in order to make India a Global Manufacturing Hub.
. The scope of this research study will encompass the following aspects:
- Analyzing the future trends in Global manufacturing and India’s position in this regard
- Analyzing the current state of various sectors in terms of production capacity, technology adoption, and export potential.
- Identifying the key sectors for India to become Global Manufacturing Hub.
- Assessing the infrastructure requirements, including transportation, logistics, power supply, and digital connectivity, for each identified sector.
- Examining the policy framework, including regulatory environment, tax structure, trade agreements, and ease of doing business, relevant to manufacturing in India.
- Identifying global market trends, competitive landscapes, and export potential for the selected sectors.
- Conducting primary research through surveys, interviews, and case studies to gather insights from industry experts, policymakers, and relevant stakeholders.
- Developing recommendations and strategies to overcome challenges and promote growth in the identified sectors in order to make a Global Manufacturing Hub
