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🏭️ India’s manufacturing push

PLUS: India and China reaffirm commitment to peace

Author

Ruchirr Sharma
October 30, 2025

 

Good morning. Another day, another slay! Let’s get this bread 🍞💪 

Ruchirr Sharma & Shatakshi Sharmaa  

TABLE OF CONTENTS

VALUE CHAIN

India must build a robust, globally competitive, and technology-driven manufacturing sector to raise its GDP contribution to 25% and create over 100 million jobs, according to a new NITI Aayog report titled “Reimagining Manufacturing: India’s Roadmap to Global Leadership in Advanced Manufacturing.”

Currently, manufacturing contributes 15–17% to India’s GDP — well below East Asian peers like China and South Korea, where the sector once accounted for over 25–30% of economic output. Without major structural reforms, NITI warns India could face a $5.1 trillion shortfall by 2047 against its industrial ambitions.

The report calls for a transition to advanced manufacturing, emphasizing AI and ML, advanced materials, digital twins, and robotics as key enablers. It also highlights the need for regulatory modernization — faster approvals for high-tech projects, stronger IP regimes, reliable and green energy access, and high-quality infrastructure such as logistics hubs and data networks.

Maharashtra Chief Minister Devendra Fadnavis said the state will be the first to align fully with the National Mission on Manufacturing, aiming to become a global hub for advanced manufacturing.

NITI Aayog CEO B.V.R. Subrahmanyam underscored that India’s growth “cannot come from incremental change,” outlining a time-bound plan to make India an advanced manufacturing powerhouse by 2035.

The report positions advanced manufacturing as central to achieving Viksit Bharat 2047, embedding precision, resilience, and sustainability into a globally competitive “Made in India” identity.

BORROWING

India and China have agreed to maintain peace and stability along the Line of Actual Control (LAC) in eastern Ladakh after a new round of Corps Commander-level talks held on October 25 at the Moldo-Chushul border point.

The meeting — the first since the August talks between NSA Ajit Doval and Chinese Foreign Minister Wang Yi — was described by the Ministry of External Affairs as “friendly and cordial.” Both sides noted continued progress since the 22nd round of talks in 2024 and reaffirmed the use of existing diplomatic and military mechanisms to address any local issues along the border.

The renewed dialogue comes as India and China work to normalize relations after a four-year military face-off in Ladakh that ended last year with troop disengagement at Demchok and Depsang. However, 50,000–60,000 troops from each side remain deployed along the frontier, with full de-escalation yet to occur.

Following Wang’s August visit to New Delhi, both countries outlined a “stable, cooperative, and forward-looking” roadmap, including measures to restore border trade and investment ties.

A statement from China’s defence ministry echoed the sentiment, saying both sides would continue communication and dialogue through military and diplomatic channels in line with the understanding reached between Prime Minister Narendra Modi and President Xi Jinping.

While tensions have eased, the talks mark another cautious step in the ongoing effort to restore long-term stability and trust along the sensitive border.

GENERAL OVERVIEW

🗞️ Bite-sized summaries

🤖 Nvidia’s $5 trillion leap - Nvidia has become the first company in history to surpass a $5 trillion market valuation, marking its transformation from a graphics-chip maker into the core of the global AI ecosystem. Fueled by soaring demand for its AI chips like H100 and Blackwell, Nvidia’s value has surged twelvefold since ChatGPT’s 2022 debut. CEO Jensen Huang, now worth nearly $180 billion, announced $500 billion in chip orders and plans to build seven U.S. supercomputers. While the company’s dominance makes it a geopolitical flashpoint between Washington and Beijing, analysts warn of overheating valuations amid the AI investment frenzy.

🎓️ IIM Calcutta in Global Top 10 - IIM Calcutta has secured the eighth position globally and the top spot in India in the QS International Trade Rankings 2026 for Executive MBAs. The ranking evaluates institutions on program content, graduate outcomes, industry engagement, innovation, and academic reputation. With an overall score of 78.3, IIM Calcutta’s strong performance reflects its growing global stature in executive education and alignment with evolving trade and management trends. Dean Sumanta Basu said the recognition highlights the program’s success in preparing students for global business challenges and ensuring its curriculum meets current industry demands.

HEADLINES

🧑‍🍳 What else is cookin’?

What’s happening in India (and around the world 🌍️)

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