The India Manufacturing Market is Segmented by Ownership (Public Sector, and Others), by End-User Industry (Automotive & Auto Components, and Others), by Plant Size (Large Enterprises), and by Region (North India, and Others). The Market Forecasts are Provided in Terms of Value (USD).

Manufacturing Production in India increased 5.40 percent in July of 2025 over the same month in the previous year. This dataset provides the latest reported value for - India Manufacturing Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Indian manufacturing sector, valued at $310.30 million in 2025, is poised for robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 9.11% from 2025 to 2033. This expansion is fueled by several key drivers. Government initiatives promoting "Make in India" are attracting significant foreign direct investment and stimulating domestic production. Rising disposable incomes and a burgeoning middle class are driving increased demand for consumer goods, particularly in the automotive, consumer electronics, and food and beverage sectors. Furthermore, India's strategic location and relatively low labor costs compared to other manufacturing hubs make it an increasingly attractive destination for global manufacturers. The sector is segmented by ownership (public, private, joint, cooperative), raw materials used (agro-based, mineral-based), and end-user industries (automotive, manufacturing, textile, consumer electronics, construction, food & beverage, others). Leading players such as Tata Motors, Mahindra & Mahindra, Ashok Leyland, Hindustan Unilever, and others contribute significantly to the market's dynamism. However, challenges remain, including infrastructure bottlenecks, skill gaps in the workforce, and navigating complex regulatory environments. Overcoming these hurdles will be crucial to fully realizing the sector's growth potential. Despite challenges, the forecast for the Indian manufacturing sector is optimistic. Continued growth in key end-user industries like automotive and consumer electronics, coupled with government support for infrastructure development and skill enhancement programs, will likely accelerate the market expansion. The diversification of the manufacturing base beyond traditional sectors, embracing technological advancements, and focusing on sustainable practices will play a critical role in the sector’s long-term success. The presence of established multinational corporations alongside a vibrant domestic industry ensures a competitive and dynamic marketplace, positioning India as a significant manufacturing powerhouse in the coming years. Recent developments include: January 2023: Sundram Fasteners, an auto component manufacturer, won the biggest EV contract in its 60-year history. The Chennai-based company was awarded a USD 250 million contract by a leading global automobile manufacturer to supply sub-assemblies for its electric vehicle (EV) platform. The company estimates an annual sales peak of USD 52 million in 2026 with a supply of 1.5 million drive unit sub-assemblies per annum.January 2023: Tata Motors (an Indian multinational automotive manufacturing company) announced plans to set up plants in India and Europe to produce battery cells for electric vehicles. The company dominates the country's EV market, with total sales of 50,000 electric cars to date. It outlined plans to launch 10 electric models by March 2026.. Key drivers for this market are: The government has introduced several initiatives under the banner of "Make in India", India boasts a sizable pool of skilled labor, facilitating the establishment of manufacturing facilities for companies in various sectors. Potential restraints include: The government has introduced several initiatives under the banner of "Make in India", India boasts a sizable pool of skilled labor, facilitating the establishment of manufacturing facilities for companies in various sectors. Notable trends are: Growing Government Spending is Expected to Boost the Market’s Growth.

GDP from Manufacturing in India decreased to 7613.94 INR Billion in the second quarter of 2025 from 8299.55 INR Billion in the first quarter of 2025. This dataset provides - India Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The statistic shows the growth of the real gross domestic product (GDP) in India from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, India's real gross domestic product growth was at about 6.46 percent compared to the previous year. Gross domestic product (GDP) growth rate in India Recent years have witnessed a shift of economic power and attention to the strengthening economies of the BRIC countries: Brazil, Russia, India, and China. The growth rate of gross domestic product in the BRIC countries is overwhelmingly larger than in traditionally strong economies, such as the United States and Germany. While the United States can claim the title of the largest economy in the world by almost any measure, China nabs the second-largest share of global GDP, with India racing Japan for third-largest position. Despite the world-wide recession in 2008 and 2009, India still managed to record impressive GDP growth rates, especially when most of the world recorded negative growth in at least one of those years. Part of the reason for India’s success is the economic liberalization that started in 1991and encouraged trade subsequently ending some public monopolies. GDP growth has slowed in recent years, due in part to skyrocketing inflation. India’s workforce is expanding in the industry and services sectors, growing partially because of international outsourcing — a profitable venture for the Indian economy. The agriculture sector in India is still a global power, producing more wheat or tea than anyone in the world except for China. However, with the mechanization of a lot of processes and the rapidly growing population, India’s unemployment rate remains relatively high.

Artificial Intelligence in Manufacturing Market Outlook

The global artificial intelligence (AI) in manufacturing market size was estimated at USD 3.8 billion in 2023 and is projected to reach USD 30.2 billion by 2032, growing at a compound annual growth rate (CAGR) of 25.3% during the forecast period. This impressive growth is driven by the increasing adoption of AI technologies across various manufacturing processes, which aim to enhance efficiency, reduce operational costs, and improve product quality.

The primary growth factor for the AI in manufacturing market is the increasing need for automation to cope with complex manufacturing processes. Industries are progressively recognizing the potential of AI to streamline operations, optimize resource utilization, and facilitate real-time decision-making. By integrating AI, manufacturers can address challenges such as labor shortages, fluctuating demand, and stringent quality standards. Moreover, the ability of AI to predict equipment failures and maintenance requirements before they occur significantly enhances the operational lifespan of machinery, thus reducing downtime and maintenance costs.

Another significant growth driver is the rising adoption of smart manufacturing practices. The concept of Industry 4.0, which envisions the smart factory where cyber-physical systems monitor physical processes, has been instrumental in promoting the use of AI. Advanced AI technologies, such as machine learning and computer vision, are being employed to achieve higher levels of automation and data exchange, resulting in improved productivity and operational efficiency. Additionally, the integration of AI with the Internet of Things (IoT) further amplifies the benefits by enabling real-time data collection, analysis, and actionable insights.

Investment in AI research and development by key players is also propelling market growth. Companies are increasingly allocating budgets to develop AI-powered solutions tailored for the manufacturing sector. These solutions range from predictive maintenance systems and quality control algorithms to autonomous robots and production planning tools. The ongoing innovation and continuous improvement of AI technologies ensure that manufacturers have access to cutting-edge tools that can transform their production processes.

Manufacturing Predictive Analytics is becoming an integral part of the AI in manufacturing landscape. By leveraging vast amounts of data collected from various manufacturing processes, predictive analytics enables manufacturers to foresee potential issues and optimize operations proactively. This approach not only helps in anticipating equipment failures but also in predicting demand fluctuations and optimizing inventory levels. The integration of predictive analytics with AI technologies enhances decision-making capabilities, allowing manufacturers to respond swiftly to changing market conditions and customer demands. As a result, predictive analytics is playing a crucial role in driving efficiency and competitiveness in the manufacturing sector.

In terms of regional outlook, North America is expected to dominate the AI in manufacturing market, owing to the early adoption of advanced technologies and the presence of major technology vendors. The U.S., in particular, is a key contributor to market growth due to its robust manufacturing sector and extensive R&D activities. Europe is also anticipated to witness significant growth, driven by the increasing focus on smart manufacturing and government initiatives to support digital transformation in industries. Meanwhile, the Asia Pacific region is poised to register the highest CAGR, fueled by rapid industrialization, the expansion of manufacturing activities, and supportive government policies in countries like China and India.

Component Analysis

The AI in manufacturing market is segmented by component into hardware, software, and services. The hardware segment includes AI chips, sensors, and other essential devices that enable the functioning of AI systems. The increasing demand for powerful and efficient hardware solutions, capable of handling complex algorithms and large volumes of data, is a significant factor driving the growth of this segment. Additionally, continuous advancements in AI-specific hardware, such as GPUs and TPUs, are expected to further boost the adoption of AI in manufacturing.

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The India Metal Additive Manufacturing Market Report is Segmented by Technology (Powder Bed Fusion, Binder Jetting, and More), by Material Type (Stainless Steel, Aluminum, Titanium, Cobalt Chrome, and More), by End-Use Industry (Aerospace & Defence, Automotive, Healthcare & Dental, and More), and by Geography (North India, West India, South India, and More). The Market Forecasts are Provided in Terms of Value (USD).

The statistic shows GDP in India from 1987 to 2024, with projections up until 2030. In 2024, GDP in India was at around 3.91 trillion U.S. dollars, and it is expected to reach six trillion by the end of the decade. See figures on India's economic growth here, and the Russian GDP for comparison. Historical development of the Indian economy In the 1950s and 1960s, the decision of the newly independent Indian government to adopt a mixed economy, adopting both elements of both capitalist and socialist systems, resulted in huge inefficiencies borne out of the culture of interventionism that was a direct result of the lackluster implementation of policy and failings within the system itself. The desire to move towards a Soviet style mass planning system failed to gain much momentum in the Indian case due to a number of hindrances, an unskilled workforce being one of many.When the government of the early 90’s saw the creation of small-scale industry in large numbers due to the removal of price controls, the economy started to bounce back, but with the collapse of the Soviet Union - India’s main trading partner - the hampering effects of socialist policy on the economy were exposed and it underwent a large-scale liberalization. By the turn of the 21st century, India was rapidly progressing towards a free-market economy. India’s development has continued and it now belongs to the BRICS group of fast developing economic powers, and the incumbent Modi administration has seen India's GDP double during its first decade in power.

Industrial Production in India increased 3.50 percent in July of 2025 over the same month in the previous year. This dataset provides - India Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The India Big Data Technology and Service Market Report is Segmented by Type (Solution, Services), Deployment Model (On-Premise, Cloud, Hybrid), Organization Size (Small and Medium Enterprise, Large Enterprise), and End-User Vertical (BFSI, Retail and E-Commerce, Telecom and IT, Media and Entertainment, and More). The Market Forecasts are Provided in Terms of Value (USD).

"The Annual Survey of Industries (ASI) is the principal source of industrial statistics in India. It provides statistical information to assess and evaluate, objectively and realistically, the changes in the growth, composition and structure of organised manufacturing sector comprising activities related to manufacturing processes, repair services, gas and water supply and cold storage. Industrial sector occupies an important position in the Indian economy and has a pivotal role to play in the rapid and balanced economic development. Viewed in this context the collection and dissemination of ASI data, on a regular basis, are of vital importance. The Survey is conducted annually under the statutory provisions of the Collection of Statistics Act 2008, and the Rules framed there-under in 2011, except in the State of Jammu & Kashmir where it is conducted under the State Collection of Statistics Act, 1961 and the rules framed there-under in 1964"--Publisher website (http://mospi.nic.in/mospi_new/upload/asi/ASI_main.htm)

The Gross Domestic Product (GDP) in India expanded 7.80 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - India GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, almost half of India’s GDP was generated by the services sector, a slight and steady increase over the last 10 years. Among the leading services industries in the country are telecommunications, IT, and software. The IT factorThe IT industry is a vital part of India’s economy, and in the fiscal year of 2016/2017, it generated about 8 percent of India’s GDP alone – a slight decrease from previous years, when it made up about 10 percent of the country’s economy. Nevertheless, the IT industry is growing, as is evident by its quickly increasing revenue and employment figures. IT includes software development, consulting, software management, and online services, and business process management (BPM). Employee migrationAlthough employment figures in IT, and thus in the services sector, are on the rise, most of the Indian workforce is still employed in agriculture, however, the figures show a trend pointing towards a reversal of this distribution. For now, the majority of Indians still do not live in cities – where IT jobs are generated – but urbanization is on the rise as well.

The Indian manufacturing management market is poised for robust growth, projected to reach a substantial size by 2029. Driven by factors such as increasing automation, the adoption of Industry 4.0 technologies, and government initiatives like "Make in India," the sector is undergoing a significant transformation. A considerable portion of this growth is fueled by the expanding manufacturing base across diverse sectors, including automotive, pharmaceuticals, and electronics. Companies are investing heavily in advanced technologies like AI and machine learning for predictive maintenance, supply chain optimization, and enhanced operational efficiency. The demand for skilled professionals in manufacturing management is also rising, creating opportunities for training and upskilling programs. However, challenges remain, including infrastructure limitations in certain regions, the need for a more skilled workforce to fully leverage advanced technologies, and the ongoing impact of global economic uncertainties. Despite these challenges, the long-term outlook for the Indian manufacturing management market remains positive, with significant potential for expansion and innovation. Strategic partnerships between technology providers and manufacturers will play a crucial role in driving this growth, leading to a more efficient, resilient, and competitive manufacturing landscape in India. The market segmentation within Indian manufacturing management is expected to evolve, with specialized solutions for different manufacturing verticals becoming increasingly prevalent. This will lead to a more niche-focused approach, catering to the specific needs of individual industries. The competitive landscape is characterized by both established global players and rising domestic companies offering a diverse range of solutions. The market is expected to witness a greater emphasis on data-driven decision making, with analytics and business intelligence tools playing a pivotal role in optimizing operational efficiency and achieving strategic objectives. The adoption of sustainable manufacturing practices is also gaining traction, driven by both regulatory pressures and the increasing consumer demand for environmentally responsible products. This trend will shape future growth, favoring companies with solutions supporting sustainable manufacturing principles.

The India IT Services Market Report is Segmented by Service Type (IT Consulting and Implementation, IT Outsourcing, Business Process Outsourcing, and More), End-User Enterprise Size (Small and Medium Enterprises, and Large Enterprises), Deployment Model (Onshore Delivery, and More), and End-User Vertical (BFSI, Manufacturing, Government and Public Sector, and More). The Market Forecasts are Provided in Terms of Value (USD).

India Private Corporate: RBI: Chemical and Chemical Products: Basic Industrial Chemicals: Year-on-Year Growth: Tax Provisions data was reported at 24.300 % in Dec 2018. This records an increase from the previous number of -11.800 % for Sep 2018. India Private Corporate: RBI: Chemical and Chemical Products: Basic Industrial Chemicals: Year-on-Year Growth: Tax Provisions data is updated quarterly, averaging 6.452 % from Dec 2011 (Median) to Dec 2018, with 28 observations. The data reached an all-time high of 142.333 % in Dec 2014 and a record low of -54.600 % in Jun 2013. India Private Corporate: RBI: Chemical and Chemical Products: Basic Industrial Chemicals: Year-on-Year Growth: Tax Provisions data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Investment – Table IN.OD019: Private Corporate: Reserve Bank of India: Growth: Industry: Chemical and Chemical Products: Basic Industrial Chemicals.

Industrial Production in India increased 1.10 percent in July of 2025 over the previous month. This dataset provides the latest reported value for - India Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

India Private Corporate: RBI: Machinery and Machine Tools: Year-on-Year Growth: Tax Provisions data was reported at 16.800 % in Dec 2018. This records an increase from the previous number of -11.000 % for Sep 2018. India Private Corporate: RBI: Machinery and Machine Tools: Year-on-Year Growth: Tax Provisions data is updated quarterly, averaging 9.685 % from Dec 2011 (Median) to Dec 2018, with 28 observations. The data reached an all-time high of 63.800 % in Sep 2017 and a record low of -86.718 % in Mar 2014. India Private Corporate: RBI: Machinery and Machine Tools: Year-on-Year Growth: Tax Provisions data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Investment – Table IN.OD037: Private Corporate: Reserve Bank of India: Growth: Industry: Machinery and Machine Tools.

Key information about India Labour Productivity Growth

• India Labour Productivity dropped by 2.80 % YoY in Dec 2022, compared with a growth of 3.99 % in the previous year
• India Labour Productivity Growth data is updated yearly, available from Dec 1992 to Dec 2022, averaging at 4.31 %
• The data reached an all-time high of 9.15 % in Dec 2016 and a record low of 0.74 % in Dec 2000

CEIC shifts year-end for annual Labour Force Participation Rate. CEIC calculates annual Labour Productivity Growth from annual Real GDP and annual Employment. The Ministry of Statistics and Programme Implementation provides Real GDP in local currency based on NAS 2011-12, at 2011-12 prices. Organisation for Economic Co-operation and Development provides Employment data. Labour Productivity Growth prior to 2013 is based on World Bank's GDP per person employed, 2021 PPP

India Private Corporate: RBI: Fabricated Metal Products: Year-on-Year Growth: Tax Provisions data was reported at 27.100 % in Dec 2018. This records a decrease from the previous number of 30.600 % for Sep 2018. India Private Corporate: RBI: Fabricated Metal Products: Year-on-Year Growth: Tax Provisions data is updated quarterly, averaging 6.744 % from Dec 2011 (Median) to Dec 2018, with 27 observations. The data reached an all-time high of 146.500 % in Jun 2018 and a record low of -70.300 % in Mar 2016. India Private Corporate: RBI: Fabricated Metal Products: Year-on-Year Growth: Tax Provisions data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Investment – Table IN.OD029: Private Corporate: Reserve Bank of India: Growth: Industry: Fabricated Metal Products.