India's $23 Billion Manufacturing Incentive Program
Sector: Manufacturing (Industrial) • Location: New Delhi, Delhi, India
Source: Reuters
The Indian government has decided to let lapse a $23 billion program aimed at incentivizing domestic manufacturing to attract firms away from China. Launched four years ago, the program has seen disappointing results, with less than 8% of the allocated funds issued as of October 2024.
- Status
- Closed
- Sector
- Manufacturing (Industrial), Government
- Location
- New Delhi, Delhi, India
- Updated
- 22 Jul 2026
- Source
- Reuters
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Project Information
Participants
Sponsoring Agency |
Status
Original status | cancelled |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Indian government has decided to let lapse a $23 billion program aimed at incentivizing domestic manufacturing to attract firms away from China. Launched four years ago, the program has seen disappointing results, with less than 8% of the allocated funds issued as of October 2024. |
Original sector | Manufacturing |
Budget |
Location
Country | India |
State | Delhi |
City | New Delhi |
Source
Source | Reuters |
URL |
More Details
Record type | Project |
Sector | Manufacturing (Industrial), Government |
Article published date | 2025-03-26 |
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