26-January-2026
Economy News
 
India seeks to boost manufacturing, hit $1.3 tn in exports through deregulation, sources say; announcement likely in Budget
24-Jan-2026

India will seek to triple the nation's exports by 2035 by boosting manufacturing through structural changes rather than with hefty spending, according to two government officials. Details of the new structure could be announced in the Union Budget on February 1. In Prime Minister Narendra Modi's third such attempt, the South Asian nation is prioritising manufacturing in 15 sectors, including high-end semiconductors, metals and the labour-intensive leather industry, aiming to lift India's growth and boost annual goods exports to $1.3 trillion, they said.

News Source:- https://economictimes.indiatimes.com/news/economy/policy/india-seeks-to-boost-manufacturing-hit-1-3-trln-in-exports-through-deregulation-sources-say-budget-2026-semiconductor/articleshow/127254969.cms