Anamika Mishra, 
The Geopolitical and Macroeconomic Backdrop
Global manufacturing growth for 2026 is projected at around 2.9%, but geopolitical tensions and shifting trade policies continue to create uncertainty. Supply chain resilience has become a strategic priority, with countries reassessing sourcing strategies and localising production capabilities.
India’s diversified economy provides a degree of insulation, yet rising protectionism and geopolitical risks underline the need to strengthen domestic manufacturing ecosystems. Integrating advanced technologies must go hand in hand with building resilient, self-reliant value chains capable of navigating global disruptions.
Skilling, Strategy and the Path Ahead
Reaching the 25% manufacturing GDP target will depend on balancing technological investment with human capital development. Upskilling the workforce for digitally integrated factories is essential, particularly in areas such as data analytics, robotics operations and AI-driven systems management.
Equally important is strengthening managerial depth and technical expertise within firms, especially MSMEs. The future of Indian manufacturing will not be determined by automation alone, but by the ability to build agile organisations, nurture skilled talent and execute strategy with discipline. The journey ahead demands a blend of innovation, operational excellence and inclusive growth to position India as a competitive global manufacturing hub.
