Budget 2025: Govt to set up National Manufacturing Mission to boost Make in India initiative
Saturday, 1 February 2025 The government announced the establishment of a National Manufacturing Mission to further promote the Make in India initiative. The mission will focus on ease of doing business, workforce readiness, MSME sector, technology availability, and product quality. Sectors will be identified based on objective criteria, and facilitation groups will be formed for select products and supply chains.
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In a monumental achievement for India's grassroots economy, the Khadi and Village Industries Commission (KVIC) has crossed an all-time high turnover of ₹1.7 lakh crore for the financial year 2024-25. This historic milestone reflects a 447% growth in sales and a 347% increase in production over the past 11 years, highlighting KVIC’s impact on the nation's development. Chairman Shri Manoj Kumar attributes this success to the leadership of Prime Minister Narendra Modi and the guidance of the Ministry of MSME. KVIC has also generated jobs for over 1.94 crore people, many in rural areas, empowering India's Atmanirbhar Bharat mission. The remarkable growth in Khadi clothing sales, which surged by 561%, and the record business at Khadi Gramodyog Bhawan, underline the significance of this achievement in India's economic transformation.
Watch the full video for insights on KVIC’s historic journey and its contribution to making India self-reliant.
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