27-12-2023 01:32 PM | Source: Accord Fintech
DPIIT working closely with 24 sub-sectors to promote manufacturing, reduce imports

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The commerce and industry ministry has said that the department for promotion of industry and internal trade (DPIIT) is working closely with 24 sub-sectors which have been chosen keeping in mind the Indian industries strengths and competitive edge, need for import substitution, potential for export and increased employability. It added that these sub-sectors are -- furniture, air-conditioners, leather and footwear, ready to eat, fisheries, agri produce, auto components, aluminium, electronics, agrochemicals, steel, textiles, EV components and integrated circuits, ethanol, ceramics, set top boxes, robotics, televisions, close circuit cameras, toys, drones, medical devices, sporting goods, gym equipment.

The ministry said that since its launch, 'Make in India' has made significant achievements and is now focusing on 27 sectors under 'Make in India 2.0'. While the DPIIT is coordinating action plans for 15 manufacturing sectors, the Department of Commerce is coordinating for 12 service sectors.

It further said efforts are on to boost the growth of the sub-sectors in a holistic and coordinated manner. It also said that investment outreach is being done through ministries, state governments and Indian missions abroad; investment identification of potential investors, handholding and investment facilitation is done through Invest India.