<h1>India Revises National Accounts Base Year, Aims for 25% Manufacturing GDP Share with Make in India Initiative.</h1> The Central Statistics Office revised the base year for National Accounts Statistics to 2011-12, introducing Gross Value Added (GVA) at basic prices. In 2014-15, manufacturing contributed 17% to GVA. The National Manufacturing Policy 2011 aimed to boost manufacturing's GDP share to 25% within a decade, though no GVA targets were set. The government is enhancing the manufacturing sector through regulatory reforms, FDI policy changes, and infrastructure projects like the Delhi Mumbai Industrial Corridor. Initiatives include the Make in India campaign, which identifies 25 key sectors and integrates services through the e-Biz portal to facilitate investment.