Neutral impactEconomy
India needs to manufacture at scale, deepen credit to fund investment: NITI Aayog V-C at GFF
BusinessLine 1 hr ago·9 Sept 2026, 12:52 pm
NITI Aayog Vice Chairman Ashok Kumar Lahiri emphasized that India should not be overly concerned about weak foreign investment in the current global environment. He argued that the country needs to focus on manufacturing at scale and deepening credit to fund domestic investment instead of relying on external capital flows.
This shift in focus is crucial for India to achieve self-reliance and sustainable economic growth. By prioritizing domestic capabilities, the economy can become more resilient to global headwinds. For investors, this signals a long-term strategy of building a robust industrial base rather than chasing short-term foreign inflows.
Investors should watch for policy reforms that encourage domestic manufacturing and credit expansion. A stronger domestic industrial base could lead to a more stable and independent economic trajectory, potentially benefiting a broad range of sectors in the long run.
Excerpt from BusinessLine
India’s next big economic challenge is not growth but manufacturing at scale, and achieving that will require a sharp increase in investment, deeper credit markets and greater integration with global value chains, NITI Aayog Vice-Chairman Ashok Kumar Lahiri said on Wednesday. While the Indian economy is “doing…Read the original at BusinessLine
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