April 22, 2025 9:04 PM

India eyes $25 billion export boost in hand and power tools sector by 2035

India is aiming to increase its exports of hand and power tools to over $25 billion by 2035, according to a report jointly released by NITI Aayog and the Foundation for Economic Development. The report, “Unlocking $25+ Billion Exports: India’s Hand & Power Tools Sector,” outlines a roadmap to scale up the country’s exports from the current level of approximately $1 billion. The hand and power tools sector is a key component of the global manufacturing ecosystem, supporting industrie...