New Delhi, Dec. 22 -- A tailored manufacturing strategy of incentives, research support, and investments targeting the 50 most imported products into the country will help India boost its manufacturing sector and add more jobs, Rajiv Memani, president of Confederation of Indian Industry (CII) and chairman of consultancy firm EY India, said in an interview.

Citing an internal study at the lobby group, Memani said that these intermediate products imported into India include electronics, components, energy transition equipment, and semiconductors.

Key to the success of this plan, Memani said, will be funding and pointed to sales of the government's stakes in public sector units as an option. If the Union government scales up its disinvestm...