Indias manufacturing ecosystem is entering a phase, where industrial growth is being driven by deeptech, automation and the push for self-reliance. Over the past few months, the sector has seen fresh momentum across semiconductors, robotics, drones and electronics manufacturing. This means that Indias manufacturing ambitions are steadily moving towards more advanced technologies. Meanwhile, the Centres 1 Lakh Cr Research, Development and Innovation (RDI) scheme has started supporting deeptech manufacturing startups working in areas such as drones, spacetech and robotics. At the same time, the government has expanded semiconductor and electronics manufacturing incentives through schemes like the India Semiconductor Mission (ISM) and the Electronics Component Manufacturing Scheme (ECMS). These efforts aim to strengthen local manufacturing and reduce dependence on imports for…
India Trade and Commerce Context
India’s import-export sector is undergoing significant transformation as the country pursues its goal of becoming a $5 trillion economy. The government’s Production Linked Incentive (PLI) schemes across 14 sectors, RoDTEP export incentive scheme, and the Remission of Duties scheme are reshaping trade competitiveness for Indian manufacturers and exporters.
For businesses engaged in international trade, staying updated on DGFT circulars, customs duty changes, and export incentive schemes is critical. The ICEGATE portal and the Unified Portal for Foreign Trade (DGFT website) provide official notifications. WiseSeva monitors these sources to surface the most relevant developments for Indian traders.
Key Points at a Glance
- Originally reported by leading Indian financial media
- Relevant for entrepreneurs, MSMEs, investors, and business professionals
Useful Resources for Indian Readers
Stay updated with daily business intelligence from WiseSeva — covering market prices, government schemes, funding news, and economic analysis relevant to Indian entrepreneurs, farmers, and households. Bookmark wiseseva.in/business for daily updates.
Source & Further Reading
This news report was originally published by Inc42 on Sat, 23 May 2026.
📰 Read the full original story: inc42.com — Full Article ↗
Editorial Note: WiseSeva curates and contextualises business and economic news from trusted Indian media sources including Economic Times, Mint, Business Standard, PIB, YourStory, and Inc42. Our editorial team reviews and adds context to help Indian entrepreneurs, farmers, MSMEs, job seekers, and households make informed decisions. The original reporting credit belongs to the source publication linked above.
