Indigenisation Startup Venttup Unveils Strategic Whitepaper on India’s Manufacturing Growth at Kerala Innovation Festival

  • Venttup, a trailblazing B2B engineering services startup, is architecting a globally scalable manufacturing network—with India as its central hub of innovation and capacity.
  • The whitepaper spotlights the rise of Manufacturing-as-a-Service (MaaS) platforms, which harness expansive MSME ecosystems to deliver agile and cost-effective production at scale.
  • It identifies key roadblocks hindering manufacturing growth—including infrastructure gaps, fragmented regulations, limited R&D infrastructure, and the urgent need for comprehensive skill development.
  • The report asserts that a robust manufacturing push is critical for India to achieve self-reliance and realize its Viksit Bharat 2047 vision.
  • It also highlights India’s emergence as a global hub for aircraft component manufacturing, with the sector projected to reach a market size of $29.5 billion by 2033.
  • Strategic recommendations include:
    – Establishing co-located supplier corridors
    – Investing significantly in talent pipelines for high-precision industries such as machining and semiconductors
    – Modernizing Industrial Training Institutes (ITIs)
    – Accelerating Industry 4.0 tech adoption across MSME networks

Mumbai/Kochi, 29 July 2025 – Venttup, a B2B engineering services startup championing indigenisation and distributed manufacturing, officially launched its whitepaper titled Building India’s Manufacturing Momentum during the Kerala Innovation Festival.

The whitepaper was unveiled in Kochi before a distinguished gathering of policymakers, industry leaders, and academics. The first copy was ceremoniously presented to leaders including Ms. Mamatha Venkatesh (Head, Startup India), Dr. Lida Jacob IAS, Mr. Suresh Krishna (Yunus Foundation), and others who represent key voices shaping India’s innovation landscape.

Founded by sector veterans from Hitachi Energy, Siemens Energy, L&T, and Kalpataru Power, Venttup is led by Sandeep Nair (CEO), M. Wasim Ankli (COO), and Joseph Panakkal (CMO). The whitepaper brings together real-world insights from manufacturing founders, deep industry data, and strategic analysis to map India’s pathway to a robust, self-reliant manufacturing future.

Key Highlights from the Whitepaper

  • Rise of MaaS (Manufacturing-as-a-Service): New platforms are connecting MSMEs to global buyers, bridging capacity with demand and driving smart, scalable production networks.
  • Bottlenecks in Growth: The report identifies pressing gaps in infrastructure, skill development, R&D investment, and regulatory clarity slowing India’s manufacturing acceleration.
  • Aircraft Components Boom: India is projected to become a $29.5 billion hub for aircraft components by 2033, bolstered by global partnerships and Make in India incentives.
  • Policy Backdrop: With initiatives like PLI, India is positioning itself as a viable alternative to China, benefiting from the China+1 strategy.

Recommendations for Manufacturing Scale-Up

  1. Cluster Development: Build co-located supplier corridors to streamline manufacturing across high-growth sectors (Energy, EVs, Aerospace, Semiconductors).
  2. Talent Acceleration: Modernise ITIs, integrate robotics and CNC skills, and create Centers of Excellence through public–private partnerships.
  3. Industry 4.0 Adoption: Incentivise MSMEs to deploy automation, data analytics, and IoT through targeted subsidies and tax breaks.
  4. Boost R&D Spend: Scale national investment beyond 0.7% of GDP to match global manufacturing leaders and sustain innovation-led growth.

Sandeep Nair, Co-Founder & CEO, Venttup, remarked: “India’s MSMEs are a latent powerhouse. With the right mix of technology, finance, and ecosystem support, we can unlock their full potential and place India at the center of global manufacturing.

Bhaskar Majumdar, Managing Partner at Unicorn India Ventures, added: “Venttup’s mission is timely and visionary. We’re proud to back ventures that catalyse India’s emergence as a manufacturing alternative to China.

To explore Venttup’s manufacturing network or download the full whitepaper, visit their LinkedIn page.

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