Ministry of Electronics & IT released a “National Strategy on Additive Manufacturing” on 24th February 2022.
• The Ministry of Electronics and Information Technology (MeitY) aims to increase India’s share in global additive manufacturing to 5 per cent within the next three years, with hopes that it could likely add $ 1 billion to the gross domestic product by that time.
• By 2025, India will aim to achieve certain targets such as 50 India specific technologies for material, machine and software, 100 new startups for additive manufacturing, 500 new products.
• In total, MeitY hopes that these new startups and opportunities will give jobs to at
least 1 lakh new skilled workers over the next three years.
• To get ahead in the additive manufacturing or 3D printing space, India must adopt it in all sectors, including in defence and public sectors.
• An apex body which has subject matter experts and leaders from local and global industries could be established to lead the mission.