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NITI Aayog Draws Up $25 Bn Export Plan To Support Local Manufacturers

The initiative is aimed at strengthening India’s role in global supply chains

NITI Aayog Draws Up $25 Bn Export Plan To Support Local Manufacturers

NITI Aayog Draws Up $25 Bn Export Plan To Support Local Manufacturers
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17 April 2025 9:40 AM IST

The roadmap includes critical reforms such as enhancing testing and certification infrastructure - simplifying export compliance procedures, improving access to finance, and integrating MSMEs into global supply chains

The NITI Aayog’s $25 billion export roadmap to boost India's hand and power tools sector is not just about tapping global opportunities, but about creating the right conditions at home for Indian businesses to thrive, the government think tank's vice-chairman Suman Bery has said.

"Our competitiveness in this field is not just about avoiding tariffs," Bery said at a press conference. Later, he said, "It’s about making sure that our domestic manufacturers receive the protection and ecosystem they need to compete globally."

Bery added that India is closer than ever to becoming a key global supplier in this category, and the report outlines a practical path to reach that goal. The roadmap includes critical reforms such as enhancing testing and certification infrastructure - simplifying export compliance procedures, improving access to finance, and integrating micro, small and medium enterprises (MSMEs) into global supply chains. These steps are designed to build long-term resilience and reduce friction in the growth path of Indian manufacturers. "Currently, India holds just over 1 per cent of the global hardware exports market. But with targeted reforms, this figure could grow substantially," he added.

Export Roadmap Hand and Power Tools Sector MSME Integration Testing and Certification Reform Global Supply Chain Access 
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