India unveils Gati Shakti and tax cuts to lure global manufacturing giants

Published on 24 April 2026

Sixteen ministries will coordinate to slash logistics costs

India is rolling out policy moves aimed at turning the country into a global manufacturing hub. PM Gati Shakti—bringing 16 ministries together for coordinated infrastructure planning—is expected to cut logistics costs. Separately, the corporate tax rate for new manufacturing has been reduced to 15%, reinforcing incentives for companies to expand production in India.

Gati Shakti aligns 16 ministries for integrated infrastructure planning
Coordinated connectivity efforts are expected to reduce logistics costs
Corporate tax for new manufacturing has been cut to 15%
Policies aim to attract global manufacturers and investment

#logistics costs #investment #manufacturing #gati shakti #corporate tax

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

India unveils Gati Shakti and tax cuts to lure global manufacturing giants

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