In a significant development, the Indian government has announced a new policy aimed at boosting the country’s economy. The policy focuses on promoting domestic manufacturing and reducing dependency on imports, in line with the ‘Make in India’ initiative. Under this new policy, several measures will be implemented to encourage local production across various sectors, including electronics, pharmaceuticals, textiles, and more. The government aims to create a conducive environment for businesses to thrive and compete globally. This move is expected to create job opportunities, attract investments, and strengthen India’s position as a manufacturing hub. The policy is also aligned with the government’s vision of achieving self-reliance and reducing trade deficits. Industry experts have welcomed the new policy, stating that it will revolutionize the manufacturing sector and drive economic growth. With increasing focus on local production, India is poised to become a key player in the global market. This policy shift comes at a crucial time as the country aims to recover from the economic impact of the COVID-19 pandemic. Stay tuned for more updates on this developing story.