Three government sources said India will push domestic production to replace about US$51 bln of imports as part of Prime Minister Modi’s drive to reduce reliance on overseas suppliers. Government analysis covering the 12 months to March 2026 shows total imports of US$775 bln, of which about US$398 bln could be substituted by domestic manufacturing. Roughly US$51 bln of that are critical manufacturing inputs across textiles, solar panels and other sectors; about 100 goods will be prioritised for

2026-07-16

Three government sources said India will push domestic production to replace about US$51 bln of imports as part of Prime Minister Modi’s drive to reduce reliance on overseas suppliers. Government analysis covering the 12 months to March 2026 shows total imports of US$775 bln, of which about US$398 bln could be substituted by domestic manufacturing. Roughly US$51 bln of that are critical manufacturing inputs across textiles, solar panels and other sectors; about 100 goods will be prioritised for immediate measures.