Manufacturing policy by end of this year

“We are working on launching a National Manufacturing Policy by the end of this year and we have already circulated a discussion paper, inviting comments from all stakeholders in this regard,” Commerce and Industry Minister Anand Sharma informed a Consultative Committee.

The policy would cater to the problems of the industry and focus on the concept of a National Manufacturing and Investment Zone (NMIZ). The governments aims to increase the sectoral share of manufacturing to at least 25 per cent of the country’s gross domestic product by 2022.