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CII Chief: Reforms Crucial for India's 2047 Manufacturing Dominance
✍️ Edex Live
🗓 24 Jun 2026, 11:02 AM
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Confederation of Indian Industry President R Mukundan stated that deep factor reforms and enhanced global competitiveness are essential for India to achieve global manufacturing dominance by 2047, aligning with the 'Viksit Bharat' goal.
The President of the Confederation of Indian Industry (CII), R Mukundan, has outlined a strategic vision for India to secure a leading position in global manufacturing by the year 2047. Mukundan emphasized that achieving this ambitious goal, which aligns with the national objective of 'Viksit Bharat' (Developed India), hinges on implementing significant structural reforms.
According to Mukundan, these deep factor reforms are critical to boosting India's overall economic landscape and industrial capabilities. Alongside these internal adjustments, enhancing global competitiveness is identified as a key driver. This suggests a need for India to align its manufacturing standards, costs, and efficiency with international benchmarks.
The CII chief's remarks highlight a forward-looking approach, positioning manufacturing as a cornerstone for India's future economic prosperity and global influence.
According to Mukundan, these deep factor reforms are critical to boosting India's overall economic landscape and industrial capabilities. Alongside these internal adjustments, enhancing global competitiveness is identified as a key driver. This suggests a need for India to align its manufacturing standards, costs, and efficiency with international benchmarks.
The CII chief's remarks highlight a forward-looking approach, positioning manufacturing as a cornerstone for India's future economic prosperity and global influence.