New Delhi, Feb. 12 -- Manufacturing today sits as the engine of growth for India's ambition to become a USD 35 trillion economy by 2047, with reforms, sectoral initiatives, and resilient supply chains, Government of India said in a statement on Thursday.

Recognising this importance, the Union Budget 2026-27 has reinforced support for manufacturing through targeted measures focusing on investment incentives, innovation, infrastructure development, and industrial ecosystem strengthening, it added.

Building on the three defined Kartavyas , the manufacturing sector is poised to drive India's growth, employment generation, export competitiveness, and long-term economic transformation.

It highlighted that while global manufacturing output ex...