· Manufacturing & Investment · Source: economictimes.indiatimes.com

CII president Rajiv Memani bats for fresh manufacturing reforms, sovereign wealth fund

CII President Rajiv Memani has called for fresh manufacturing reforms and the creation of a $50 billion sovereign wealth fund to strengthen India’s industrial ecosystem. Proposals include using disinvestment funds for long-term transformation, supporting advanced manufacturing and critical minerals, boosting local production, and reducing import dependence. He emphasizes coordinated action between the Centre, states, and industry.

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