India Advances Global Manufacturing Hubs in Eyewear, Semiconductors

India is making significant strides in becoming a global manufacturing hub across various sectors, including eyewear, semiconductors, and automotive components. Commerce and Industry Minister Piyush Goyal highlighted efforts to establish India as a global manufacturing and export center for eyewear, supported by Lenskart's new cutting-edge facility near Hyderabad. The semiconductor sector is also advancing with the approval of a new manufacturing facility near Jewar Airport, Uttar Pradesh, aimed at producing display driver chips to meet growing domestic and global demand while generating employment and fostering skill development. Meanwhile, the auto component industry is focusing on localization, advanced manufacturing, and strategic partnerships to strengthen its position amid changing global trade policies and the shift toward electric vehicles, contributing significantly to India's economic expansion and aligning with sustainability goals. These developments reflect India's broader ambition to increase manufacturing's share of GDP and establish itself as a strategic hub in global supply chains and technology ecosystems. The government's initiatives, including 'Make in India' and self-reliance policies, are central to accelerating investment and innovation across these industries.