- Intervention 1: scaling manufacturing in 7 strategic + frontier sectors
- Biopharma scale-up
- Biopharma SHAKTI is announced with ₹10,000 crore over 5 years to position India as a global biopharma manufacturing hub.
- A biopharma network is planned via 3 new National Institute of Pharmaceutical Education and Research institutes and upgrades of 7 existing ones.
- A network of 1,000+ accredited clinical trial sites is proposed.
- Semiconductors
- India Semiconductor Mission 2.0 is proposed to:
- produce equipment/materials,
- develop full-stack Indian IP,
- strengthen supply chains,
- set up industry-led R&D and training centres for technology + skilled workforce.
- India Semiconductor Mission 2.0 is proposed to:
- Electronics components
- The Electronics Components Manufacturing Scheme outlay is raised to ₹40,000 crore.
- Rare earth corridors
- Dedicated corridors are proposed to support mineral-rich states—Odisha, Kerala, Andhra Pradesh, Tamil Nadu—spanning mining, processing, research, and manufacturing.
- Chemical parks
- A scheme is proposed to support states in setting up 3 dedicated chemical parks via a challenge route, using a cluster-based plug-and-play model.
- Capital goods capability
- Hi-tech tool rooms by CPSEs at two locations are proposed as digitally enabled automated service bureaus for precision components.
- A scheme is proposed for Construction and Infrastructure Equipment (CIE) manufacturing capacity in high-value, advanced equipment.
- A Container Manufacturing scheme is announced with ₹10,000+ crore over 5 years to build a globally competitive ecosystem.
- Textiles: an integrated programme
- National Fibre Scheme for self-reliance across natural fibres (silk, wool, jute), man-made fibres, and new-age fibres.
- Textile Expansion and Employment Scheme to modernize traditional clusters with machinery support, technology upgrades, and common testing/certification.
- Mega Textile Parks via challenge mode, focused on value addition in technical textiles.
- Mahatma Gandhi Gram Swaraj initiative to strengthen khadi/handloom/handicrafts, with global market linkage, branding, streamlined training, skilling, and quality processes.
- Biopharma scale-up
- Intervention 2: rejuvenating legacy industrial sectors
- A scheme is announced to revive 200 legacy industrial clusters via infrastructure and technology upgrades aimed at cost competitiveness and efficiency.
- Intervention 3: building “Champion SMEs” + supporting micro enterprises
- A ₹10,000 crore SME Growth Fund is proposed to back future champions, with incentives tied to select criteria.
- The Self-Reliant India Fund gets an additional ₹2,000 crore to sustain risk-capital access for micro enterprises.
- Professional institutions—ICAI, ICSI, ICMAI—are to design modular courses and tools to create a cadre of “Corporate Mitras”, with emphasis on Tier-II and Tier-III towns.
- Intervention 4: infrastructure as a multiplier
- Public capital expenditure is proposed to rise to ₹12.2 lakh crore in FY 2026–27.
- An Infrastructure Risk Guarantee Fund is proposed to improve private developers’ confidence around construction-phase risks.
- Recycling of CPSE real estate assets is proposed via dedicated REITs.
- Logistics and modal shift push:
- New Dedicated Freight Corridors are proposed connecting Dankuni (East) to Surat (West).
- 20 new National Waterways to be operationalised over 5 years, starting with NW-5 in Odisha to connect Talcher and Angul with Kalinga Nagar and ports of Paradeep and Dhamra.
- Regional Centres of Excellence are proposed for manpower training, plus ship-repair ecosystems for inland waterways at Varanasi and Patna.
- A Coastal Cargo Promotion Scheme targets raising inland waterways/coastal shipping share from 6% to 12% by 2047.
- Incentives are proposed to indigenize seaplane manufacturing; a Seaplane VGF Scheme is planned to support operations.
- Intervention 5: energy security via CCUS
- ₹20,000 crore over 5 years is allocated for Carbon Capture Utilization and Storage (CCUS)technologies.
- Intervention 6: City Economic Regions + “growth connectors”
- ₹5,000 crore over 5 years per City Economic Region (CER) is proposed, routed via challenge mode and reform-cum-results based financing.
- Seven high-speed rail corridors are identified as growth connectors:
- Mumbai–Pune
- Pune–Hyderabad
- Hyderabad–Bengaluru
- Hyderabad–Chennai
- Chennai–Bengaluru
- Delhi–Varanasi
- Varanasi–Siliguri
- System-level enablers are proposed alongside:
- A “High Level Committee on Banking for Viksit Bharat” to review the sector for growth alignment while protecting stability, inclusion, and consumers.
- Restructuring Power Finance Corporation and Rural Electrification Corporation for scale and efficiency.
- A review of FEMA (Non-debt Instruments) Rules to modernise and simplify the foreign investment framework.
- Municipal bond incentive: ₹100 crore support for a single bond issuance > ₹1,000 crore to encourage higher-value issuances by large cities.
