National Manufacturing Mission

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If you're running an MSME, you’ve likely faced high costs, tough competition, and limited access to technology. The National Manufacturing Mission, launched in 2025, is designed to ease these challenges. It aims to make your business more competitive, lower operational hurdles, give you access to modern tech, and open doors to new markets, especially if you work in sectors like the renewable energy sector such as solar PV modules, EV batteries, wind turbines and labour intensive sector such as Toys, Leather, Footwear etc.

What is the National Manufacturing Mission?

The National Manufacturing Mission was announced in the Union Budget 2025 and is planned to launch officially in June 2025. It is designed to advance India’s manufacturing sector by providing policy support, a governance framework, and coordinating efforts between central and state governments. The mission focuses on strengthening MSMEs to integrate them better into global supply chains and increase manufacturing’s contribution from about 16-17% of GDP to 25% by 2047.

Objectives of the National Manufacturing Mission

  • Make it easier and more cost-effective for you to do business
  • Prepare a future-ready workforce skilled for in-demand manufacturing jobs
  • Strengthen the MSME sector, making it more vibrant and dynamic
  • Provide you with better access to advanced manufacturing technology
  • Ensure high-quality Indian products for global competitiveness
  • Support clean tech manufacturing such as solar PV cells, EV batteries, and wind turbines

Key Features of the National Manufacturing Mission

  • The mission covers small, medium, and large industries, including MSMEs like yours.
  • It focuses on labour-intensive sectors such as footwear and leather, supporting employment and entrepreneurship.
  • Special schemes aim to develop design capacity and component manufacturing.
  • Financial credit guarantee cover for MSMEs is enhanced from ₹5 crore to ₹10 crore.
  • Investment and turnover limits for MSME classification are increased to 2.5 times and 2 times respectively.
  • Customised credit cards with ₹5 lakh limits will be available for registered MSMEs.
  • Maturity period and interest rates for loans are sector-specific and aligned with government banking norms for MSMEs (normally ranging from 3 to 7 years, interest rates depend on bank policies and government subsidies).

Financial Assistance Offered Under the Scheme

You can expect the following financial support under the National Manufacturing Mission:

Financial Support

Details

Credit Guarantee

Increased cover up to ₹10 crore for MSMEs to ease borrowing risks. 

Credit Cards

Special MSME credit cards with ₹5 lakh limit for working capital needs. Target to issue 10 lakh cards in the first year.

Subsidies & Incentives

For technology upgradation, clean tech adoption, and skill development

Special Product Schemes

For industries like footwear and leather to improve productivity and exports

Support for Cluster Development

Funding to develop manufacturing clusters and infrastructure

These financial assistance programs aim to reduce your operational costs and encourage growth and innovation within your MSME.

Eligibility Criteria for the National Manufacturing Mission for MSME

Eligibility

  • Be a registered MSME under Udyam
  • Operate in the manufacturing sector or allied industries in renewable energy sector such as EV batteries, Solar PV modules or labour intensive sector leather, footwear & toys etc
  • Have compliance with applicable local and central regulations
  • Engage in activities aligned with clean tech, quality improvement, or technology adoption encouraged by the mission
  • Have the ability to scale production or upgrade technology with government support

Non-eligibility

  • Enterprises not formally registered as MSMEs or manufacturing units
  • Purely service-based businesses with no manufacturing component
  • Businesses involved in banned or restricted industries by government directives
  • Enterprises not compliant with tax, labour laws or other govt regulations 

Documents Required for the National Manufacturing Mission for MSME

  • MSME/Udyam Registration certificate
  • Proof of business existence (PAN card, GST certificate)
  • Project report or business plan outlining manufacturing activities
  • Financial statements for the last 2-3 years, if applicable
  • Identity proof of promoters/owners
  • Tech and product certification documents, if available
  • Any additional state government or sector-specific certifications

How to Apply for the National Manufacturing Mission

Step 1: Obtain or verify your MSME/Udyam registration online if you haven’t already.

Step 2: Prepare a detailed business/project plan showing your manufacturing activity, growth prospects, and technology use.

Step 3: Visit the official Ministry of MSME or Ministry of Commerce portal to find the National Manufacturing Mission application link once launched.

Step 4: Fill out the application form with all required details and upload scanned copies of documents.

Step 5: Submit your application and note the reference number for tracking.

Step 6: If applicable, meet with the concerned nodal officer or committee for further appraisal or site verification.

Step 7: After approval, receive financial assistance, technology support, or other benefits as per mission guidelines.

Benefits of the National Manufacturing Mission

  • Ease of Doing Business
    Reduced bureaucratic hurdles and costs will make it simpler and cheaper for you to operate your manufacturing unit.
  • Technology Access
    The mission provides better access to new technologies, helping you improve product quality and competitiveness.
  • Financial Support
    Enhanced credit guarantees, special credit cards, and targeted subsidies will ensure you have the funds needed for growth.
  • Skilled Workforce
    Skill-building programs will help you find and retain employees trained for modern manufacturing processes.
  • Global Market Integration
    The mission supports your business to connect with global supply chains, increasing export opportunities.
  • Focus on Sustainability
    Encouragement to adopt clean technologies will help future-proof your business and meet global environmental standards.

Real-World Examples of National Manufacturing Mission Initiatives

  • Support to the footwear and leather sector, creating over 22 lakh jobs
  • Development of domestic solar PV cell and EV battery manufacturing ecosystems
  • National Action Plan for Toys fostering clustered manufacturing hubs
  • Establishment of the National Institute of Food Technology in Bihar to boost food processing

Scheme Name

How It Links With National Manufacturing Mission

Credit Guarantee Fund Scheme (CGFS)

Provides credit guarantee support aligning with NMM’s credit cover for MSMEs

Prime Minister’s Employment Generation Programme (PMEGP)

Supports new MSME startups with financial assistance under the NMM framework

Technology Upgradation Scheme (MSE-CDP)

Complements NMM’s goal of improving technology access for MSMEs

Cluster Development Programme

Helps develop manufacturing clusters, supporting NMM’s infrastructure goals

Final Words

As an MSME owner, the National Manufacturing Mission is a promising opportunity for you. By easing business processes, providing financial and technological assistance, and developing a skilled workforce, it paves the way for your business growth and integration into global markets. Keep an eye out for official launch announcements and prepare your documents to make the most of this scheme.

National Manufacturing Mission | Boost India’s Manufacturing