India’s manufacturing sector is poised to become a $1 trillion economic engine by the end of this decade. The ASSOCHAM–Primus report, “Reimagining India’s Manufacturing Growth: Resilience, Innovation, and Sustainability,” explores the pathways to achieving this ambition through a combination of policy reform, technology adoption, MSME modernization, and green industrialization.
The report is structured around three key dimensions:
1.    Global Context:
It examines the evolving global manufacturing landscape including near-shoring, China+1 strategies, supply chain diversification, and sustainability-driven shifts (drawing lessons from leading economies such as Vietnam, Germany, China, and the United States)
2.    India’s Growth Drivers:
It analyses India’s national manufacturing outlook, highlighting major enablers such as the PLI Schemes, Gati Shakti, National Manufacturing Mission 2025, and Make in India 2.0. The section also emphasizes the role of Industry 4.0 technologies, MSME competitiveness, and logistics reforms in driving productivity, while identifying gaps in R&D, skilling, and supply chain depth that need urgent attention.
3.    Regional Lens – West Bengal and Beyond:
The report highlights West Bengal’s industrial resurgence within India’s eastern manufacturing corridor, underscoring opportunities in sectors like engineering, electronics, and green energy, and the need for targeted investments and cluster-based development to strengthen regional competitiveness.
A central theme running through the report is “Manufacturing for the Next Decade”, where India’s competitiveness will hinge not just on cost advantage, but on technology integration, sustainability, and MSME-led innovation. It proposes actionable policy recommendations, including the creation of a Cluster Modernization Fund, nurturing of 1 lakh “Little Giants”, and the establishment of Green Manufacturing Scorecards to track and accelerate progress.
The report ultimately seeks to serve as a strategic roadmap for policymakers, industry leaders, and investors, outlining how India can build a globally competitive, resilient, and sustainable manufacturing ecosystem in the coming decade.