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Date: 2025-09-04 Category: Not Applicable State: Union Government Country: India

PM underscores the transformative impact of the latest GST reforms on India’s manufacturing sector

Issued by Prime Minister's Office · Not Applicable

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Executive Summary & Key Takeaways

**Summary:** On September 4, 2025, Prime Minister Narendra Modi highlighted the anticipated transformative effects of the NextGenGST initiative on India's manufacturing sector. The reforms aim to boost domestic production and competitiveness through several key features: simplified tax slabs of 5% and 18%, streamlined digital compliance processes, and enhanced cost efficiencies. The Prime Minister's statement, made in response to a post by Shri Prakash Dadlani on X (formerly Twitter), emphasized the potential for lower input costs, faster compliance, and increased demand to significantly benefit "Made in India" products. The initiative is expected to be a "gamechanger" for manufacturers.

Key Entities Referenced

Prime Minister's Office: The office of the Prime Minister of India, responsible for supporting the Prime Minister in their duties. GST: Goods and Services Tax, an indirect tax used in India on the supply of goods and services. India: Country in South Asia. Narendra Modi: The Prime Minister of India. NextGenGST: A government initiative introducing simplified tax slabs and streamlined digital compliance related to GST. Made in India: An initiative to encourage companies to manufacture their products in India. Prakash Dadlani: Individual who posted on X (formerly Twitter), prompting a response from Narendra Modi. Delhi: National Capital Territory of Delhi, a city and a union territory of India.
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Prime Minister's Office PM underscores the transformative impact of the latest GST reforms on India’s manufacturing sector Posted On: 04 SEP 2025 8:49PM by PIB Delhi Prime Minister Shri Narendra Modi today underscored the transformative impact of the latest GST reforms on India’s manufacturing sector. The #NextGenGST initiative introduces simplified tax slabs, streamlined digital compliance, and cost efficiencies that are set to significantly boost domestic production and competitiveness. Responding to a post by Shri Prakash Dadlani on X, Shri Modi said: “#NextGenGST is a game-changer for manufacturers. Lower input costs with simplified slabs of 5% & 18%, faster digital compliance and rising demand will give a big boost to ‘Made in India’ products.” #NextGenGST is a game-changer for manufacturers. Lower input costs with simplified slabs of 5% & 18%, faster digital compliance and rising demand will give a big boost to ‘Made in India’ products. https://t.co/rjwgapgvhf — Narendra Modi (@narendramodi) September 4, 2025 *** MJPS/SR (Release ID: 2163932)

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