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).

The manufacturing industry in India has emerged as a fast-growing sector owing to the rapidly increasing population in the country. Investments in the sector have been on the rise and initiatives like ‘Make in India’ aim to make the South Asian country a global manufacturing hub. The annual production growth rate in the manufacturing industry was *** percent during fiscal year 2025. Foreign and domestic enterprisesThe gross value added by the manufacturing sector in India has grown steadily; however, it is still lower than the services sector. With the prospect of a huge consumer market, global giants such as Siemens, HTC, and Toshiba have already set up or are in the process of setting up manufacturing plants across the region. Apple has also been setting up nascent operations in India to diversify from China-centered production. On the other hand, the micro, small and medium enterprises sector is also crucial to transforming India from an agriculture-based economy to an industrialized one. MSME's contribution to Indian GDP has remained stable over the last few years. The futureWith technology reaching what previously were unimaginable heights in the last decade, industries need to keep up with the current trends and the technology. The focus is shifting towards machine learning to improve the efficiency and precision of the work.Smart manufacturing, a combination of internet of things and artificial intelligence, is expected to see growth in the coming decade.

India Manufacturing Industries: Number Of Factories data was reported at 249,987.000 Unit in 2022. This records a decrease from the previous number of 250,454.000 Unit for 2021. India Manufacturing Industries: Number Of Factories data is updated yearly, averaging 132,814.000 Unit from Mar 1982 (Median) to 2022, with 41 observations. The data reached an all-time high of 250,454.000 Unit in 2021 and a record low of 93,166.000 Unit in 1983. India Manufacturing Industries: Number Of Factories data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under India Premium Database’s Mining and Manufacturing Sector – Table IN.BAC001: Manufacturing Industry: NIC 2008: All Industries.

A survey conducted among manufacturing companies in the fourth quarter of 2020 showed that ** percent implemented usage of big data analytics for their regular manufacturing activities. Big data analytics mainly helped manufacturing companies to improve supply chain management, and enterprise resource planning. In the Industry 4.0 era, adaptation of big data analytics would become increasingly common in all sectors of manufacturing industry.

The India Manufacturing Sector Market offers a diverse range of products, including automobiles, machinery, electronics, and pharmaceuticals. The automotive industry is one of the largest segments, driven by factors such as increasing urbanization, rising disposable income, and government initiatives to promote domestic manufacturing. The machinery segment is also experiencing growth, supported by the expanding manufacturing base and the need for automation. The electronics industry is witnessing significant demand due to the growing adoption of consumer electronics and the proliferation of the digital economy. The pharmaceutical industry is driven by factors such as increasing healthcare expenditure and the rise of chronic diseases. Recent developments include: January 2023: Sundram Fasteners, an auto component manufacturer, secured its largest-ever EV contract in its six-decade history. The Chennai-based company clinched a USD 250 million deal from a prominent global automobile manufacturer to supply sub-assemblies for its electric vehicle (EV) platform. Sundram Fasteners anticipates reaching an annual sales peak of USD 52 million by 2026, with a supply of 1.5 million drive unit sub-assemblies per annum., January 2023: Tata Motors, a multinational automotive manufacturing company based in India, disclosed plans to potentially establish plants in India and Europe for manufacturing battery cells dedicated to electric vehicles (EVs). The Chief Financial Officer of Tata Motors' auto unit revealed this information in an interview with Reuters. Tata Motors, which has sold a total of 50,000 electric cars thus far, dominates India's EV market and aims to introduce 10 electric models by March 2026.. Key drivers for this market are: Increasing demand for products in sectors like automotive, consumer electronics, and pharmaceuticals, both domestically and internationally, is fueling the expansion of manufacturing activities in India. Potential restraints include: Inadequate infrastructure, including poor transportation networks, inconsistent power supply, and inefficient logistics, which raise operational costs and hinder the smooth functioning of industries. Notable trends are: Growing government spending and the large and growing population, coupled with a rising middle class, are driving the market growth.

India Manufacturing Industries: Net Income data was reported at 15,799,401.600 INR mn in 2022. This records an increase from the previous number of 11,574,771.400 INR mn for 2021. India Manufacturing Industries: Net Income data is updated yearly, averaging 1,166,497.300 INR mn from Mar 1982 (Median) to 2022, with 41 observations. The data reached an all-time high of 15,799,401.600 INR mn in 2022 and a record low of 110,745.800 INR mn in 1982. India Manufacturing Industries: Net Income data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under India Premium Database’s Mining and Manufacturing Sector – Table IN.BAC001: Manufacturing Industry: NIC 2008: All Industries.

India Manufacturing Industries: Products data was reported at 63,067,999.800 INR mn in 2017. This records an increase from the previous number of 59,578,018.100 INR mn for 2016. India Manufacturing Industries: Products data is updated yearly, averaging 7,486,169.850 INR mn from Mar 1982 (Median) to 2017, with 36 observations. The data reached an all-time high of 63,067,999.800 INR mn in 2017 and a record low of 653,925.300 INR mn in 1982. India Manufacturing Industries: Products data remains active status in CEIC and is reported by Central Statistics Office. The data is categorized under India Premium Database’s Mining and Manufacturing Sector – Table IN.BAC001: Manufacturing Industry: NIC 2008: All Industries.

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.

The manufacturing sector in India employed over **** million people in the financial year 2024. This was a growth of over *** percent as compared to the previous financial year. Industries driving the sector's growth included basic metals, coke and refined petroleum, food products, and chemicals among others.

Industrial Production in India increased 0.40 percent in October 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.

In 2024, India's manufacturing sector's GDP share was around ** percent. The share remained the same as compared to the last year and declined from ** percent in 2010. Value added is the net output of the manufacturing sector after adding all outputs and subtracting intermediate inputs. The manufacturing sector employs over ** million workers. Boosting manufacturing As global economies aim to reduce reliance on China or adopt a China-plus strategy, India has emerged as a potent alternative manufacturing hub. The Make in India initiative was launched to foster and strengthen India’s global manufacturing status by enhancing foreign direct investments, skill development, and updating manufacturing infrastructure. Under the Production Linked Incentive (PLI) Scheme, companies are incentivized to promote domestic production and enhance manufacturing competitiveness. Despite efforts, experts expressed doubts about the government’s ambition to raise the share of manufacturing to GDP to ** percent by 2025.
Hurdles for manufacturing As per the World Bank, India’s share in global trade has not kept pace with its rapidly growing economy. It is losing ground to countries like Bangladesh and Vietnam in key low-cost and low-skill manufacturing export sectors. Manufacturing productivity in India has remained low. and the availability of capital also remains an obstacle for the manufacturing sector. Inadequate investments in technology, infrastructure, and research and development (R&D) can also impact productivity growth. Other factors include regulatory compliance burdens, complex labor laws, red tape, and inefficient supply chains.

India Manufacturing Industries: Profits data was reported at 9,507,136.800 INR mn in 2022. This records an increase from the previous number of 6,140,575.200 INR mn for 2021. India Manufacturing Industries: Profits data is updated yearly, averaging 544,561.200 INR mn from Mar 1982 (Median) to 2022, with 41 observations. The data reached an all-time high of 9,507,136.800 INR mn in 2022 and a record low of 32,234.500 INR mn in 1985. India Manufacturing Industries: Profits data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under India Premium Database’s Mining and Manufacturing Sector – Table IN.BAC001: Manufacturing Industry: NIC 2008: All Industries.

Manufacturing Industries: Uttar Pradesh: Factories data was reported at 17,481.000 Unit in 2022. This records an increase from the previous number of 16,503.000 Unit for 2021. Manufacturing Industries: Uttar Pradesh: Factories data is updated yearly, averaging 12,385.500 Unit from Mar 1999 (Median) to 2022, with 24 observations. The data reached an all-time high of 17,481.000 Unit in 2022 and a record low of 8,980.000 Unit in 2003. Manufacturing Industries: Uttar Pradesh: Factories data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under India Premium Database’s Mining and Manufacturing Sector – Table IN.BAF032: Manufacturing Industry: NIC 2008: By State: Uttar Pradesh.

The smart manufacturing market is booming, projected to reach $24.83 billion by 2025 with a 16.83% CAGR. Discover key trends, drivers, restraints, and regional insights for this rapidly growing industry, including leading companies like ABB, Siemens, and Rockwell Automation. Explore the impact of IoT, AI, and MES on production optimization and cost reduction.

India Additive Manufacturing Market reached a valued of USD 677.4 Million in 2023, and it is projected to hit USD 3749.5 Million by 2030 at a CAGR of 26.1%

Quarterly and annual data on India's GDP from the manufacturing sector, aggregated and published by ChartForest. The dataset includes time series values for real and nominal Gross Value Added (GVA) from manufacturing, based on official releases by the Ministry of Statistics & Programme Implementation (MoSPI).

India Manufacturing Industries: Gross Capital Formation data was reported at 7,022,450.600 INR mn in 2022. This records an increase from the previous number of 4,450,016.200 INR mn for 2021. India Manufacturing Industries: Gross Capital Formation data is updated yearly, averaging 820,373.900 INR mn from Mar 1982 (Median) to 2022, with 41 observations. The data reached an all-time high of 7,022,450.600 INR mn in 2022 and a record low of 100,605.400 INR mn in 1982. India Manufacturing Industries: Gross Capital Formation data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under India Premium Database’s Mining and Manufacturing Sector – Table IN.BAC001: Manufacturing Industry: NIC 2008: All Industries.

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).

India Robotics and Automation in Manufacturing Market valued at USD 1.4 Bn, driven by automotive, electronics sectors, Industry 4.0, and government schemes like PLI for enhanced productivity.

A survey conducted among manufacturing companies in the fourth quarter of 2020 showed that ** percent implemented data analytics skills training among their employees. In the Industry *** era, data analytics would be a key skill for more sustainable manufacturing process, especially concerning artificial intelligence, machine learning, IoT and automation.