A total of 230 products have been placed in the priority basket after analysing 335 products
The products have been shortlisted to boost domestic manufacturing and reduce import dependence amid global uncertainties
Indigenisation strategies have been categorised into three segments: Quicker Indigenisation, Scalable Indigenisation, and Aspirational Indigenisation
The indigenisation of prioritised products will be pursued through short-medium and long-term plans
Working groups reviewed products across 25 ministries and departments
Alert: Govt had constituted six working groups to identify products for indigenisation
Products from sectors such as medical devices, chemicals, textiles, automotive and EVs, capital goods, renewable energy, power, semiconductors, defence, electronics, space, and telecommunications, among others, have been prioritised
The working groups also identified key barriers to indigenisation
Support is likely to be provided in the form of PLI, demand guarantees, and subsidies based on the strategic plan
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