India aims to boost local production of goods currently imported at a value of $51 billion, according to three government sources. The effort aligns with Prime Minister Narendra Modi’s goal of lowering dependence on foreign suppliers.
The country imported goods worth $775 billion in the year ending March 2026. Government analysis indicated that $398 billion of those imports could potentially be substituted by domestic output, the first source stated.
Within that total, roughly $51 billion covers critical inputs needed for manufacturing across sectors including textiles and solar panels. About 100 specific items from this group are slated for prompt action, the source added.
The three sources, who spoke on condition of anonymity due to the confidential nature of the review, noted that India’s trade ministry has not yet commented on the matter.
This initiative responds to supply chain vulnerabilities amid geopolitical strains and seeks to lessen reliance on China while shrinking the trade gap.
The items under review cover industries such as footwear, textiles, electric vehicles, and solar panels, according to one source.
