Unlocking Viksit Bharat: Niti Aayog VC’s Call for India to Diversify Manufacturing

Niti Aayog Vice Chairman Suman Bery recently shared insights on India’s path to enhance its manufacturing sector. He emphasized the importance of moving into high-value industries. According to him, India should tap into global knowledge, innovate locally, and improve skills to reach the goal of a developed nation by 2047.

Bery pointed out that to boost manufacturing, India should diversify its supply sources. This means reducing reliance on a single supplier. He also highlighted the need to connect medium enterprises with global value chains, which is vital for increasing output in manufacturing.

During the Annual Business Summit 2025 organized by the Confederation of Indian Industry (CII), Bery stressed that states must leverage free trade agreements (FTAs) to enhance competitiveness, not just in manufacturing but also in services. Notably, India’s labour productivity is currently the lowest among G20 nations—a challenge that needs urgent attention to harness the country’s demographic potential.

India’s economy, measured by purchasing power parity (PPP), is around $15 trillion, placing it just behind the U.S. economy. This comparison suggests that while India’s market GDP stands at $4 trillion, its real economic weight is significantly larger when considering what people can actually purchase.

According to a recent report from the International Monetary Fund (IMF), enhancing productivity could help India achieve substantial economic gains. Experts suggest that improving education and training for the workforce is essential. Investing in skills will not only boost productivity but also help India compete on a global scale.

In social media discussions, many are rallying for better infrastructure and policy support for small and medium enterprises. Users highlight the need for more government initiatives to ensure that these enterprises can thrive and contribute significantly to the economy.

Overall, a collective effort involving government, industries, and the workforce is required for India to transition into a more robust manufacturing powerhouse. As the nation looks towards the future, aligning its development strategies with the changing global economy will be crucial.

For more in-depth analysis, you can read studies from the IMF or explore economic reports from trusted sources like the World Bank.



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Niti Aayog, Viksit Bharat, Confederation of Indian Industry