The NITI Aayog and the Department for Promotion of Industry and Internal Trade (DPIIT) have implicitly built a Swades Index into their public procurement rules.
When you hear a Prime Minister or CEO touting a rise in the "Swades Index of semiconductors" or "critical minerals," they are signaling a shift in the tectonic plates of trade. For investors, a rising Swades Index in a specific sector signals government subsidies, local content requirements, and long-term demand growth. swades index of
In modern parlance, the is a composite statistic designed to measure the degree of economic sovereignty or self-sufficiency of a specific sector, region, or nation. It acts as a counterweight to metrics like the Global Value Chain (GVC) Participation Index, which rewards cross-border fragmentation. The NITI Aayog and the Department for Promotion