New Delhi, Aug. 13 -- India's chemicals, textiles, telecom and network equipment, and solar photovoltaic manufacturing sectors can push India to become a global manufacturing powerhouse, according to a NITI Aayog report titled "Key Sectors to Position India as a Global Manufacturing Hub."

According to the report, India's chemicals industry has significant potential to enhance domestic value addition by expanding downstream production and improving feedstock utilisation.

Furthermore, the report said promoting domestic manufacturing, investing in competitiveness and strategically leveraging free trade agreements (FTAs) can help India reduce import dependence, strengthen downstream capabilities and support sustainable industrial growth.

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