Now Reading: India may lose USD 270 bn in manufacturing GDP by 2035: report
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India may lose USD 270 bn in manufacturing GDP by 2035: report
India could miss out on USD 270 billion in additional manufacturing GDP by 2035 and USD 1 trillion by 2047 if it fails to adopt frontier technologies, according to a report by…
India could miss out on USD 270 billion in additional manufacturing GDP by 2035 and USD 1 trillion by 2047 if it fails to adopt frontier technologies, according to a report by Angel One. The report, covered by The Hindu BusinessLine, warns of a potential gap of USD 5.1 trillion by 2047 without unlocking advanced manufacturing in areas like AI, robotics, automation, semiconductor engineering, and battery systems.
Business Today, in a separate analysis, notes that manufacturing's share in GDP has remained around 16% despite decades of efforts, far below the 25% target. Experts quoted by Business Today cite unresolved issues of land, labour, regulations, and skills, and point to a lack of R&D, scaling difficulties, and a large informal sector. The government has launched initiatives like Make in India and PLI schemes, but private investment and FDI have not turned around significantly.
Indian Opinion Analysis
The two sources frame the same concern from different angles. The Hindu BusinessLine leads with Angel One's quantifiable warning about foregone GDP, a neutral projection that implicitly urges policy action. Business Today, in contrast, foregrounds historical stagnation and structural failures, explicitly naming land reforms as incomplete and citing expert criticism of private investment and FDI trends. The Business Today piece includes government initiatives as context but treats them as insufficient so far. A careful reader should see the Angel One report as a forward-looking cost of inaction, while Business Today provides the backward-looking diagnosis. Watch for the next GDP data or a major reform announcement to test whether these projections are being taken seriously.
Coverage: 2 sources, 1 government-critical, 1 neutral
Sources (2): thehindubusinessline.com (neutral report), businesstoday.in (government critical)
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
