Growth of Manufacturing Industry in India - Infographic

Manufacturing Gross Value Added (GVA) grew by 11.60% in FY2025-26, up from 8.30% in FY2024-25, reflecting strong growth in India's manufacturing sector.

Advantage India

Robust
Demand

*India has achieved a record Rs. 76.00 lakh crore (US$ 860 billion) in total exports (goods and services) in 2025–26, surpassing approximately US$ 825 billion (Rs. 69.76 lakh crore) in 2024–25.

*In FY2025-26, India's total exports (merchandise and services) reached Rs. 76.02 lakh crore (US$ 860.09 billion), compared with Rs. 72.91 lakh crore (US$ 825.26 billion) in FY2024-25, registering a growth of 4.22%.

*By 2030, the Indian middle class is expected to have the second-largest share in global consumption at 17%.

Increasing
Investment

*The key initiatives include the Production Linked Incentive (PLI) Scheme for Large Scale Electronics Manufacturing, PLI Scheme 2.0 for IT Hardware, Electronics Manufacturing Clusters (EMC and EMC 2.0) Scheme, Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS), and the Modified Programme for Development of Semiconductors and Display Manufacturing Ecosystem.

*The Cumulative FDI equity inflows (January 2000–March 2026) stood at Rs. 52,89,321.87 crore (US$ 788.53 billion).

*India has attracted over Rs. 33,824.18 crore (US$ 4 billion) by FY26 in FDI in electronics manufacturing since 2020-21, reflecting rising global investor confidence.

Policy
Support

*The Government of India continues to strengthen manufacturing through the Production Linked Incentive (PLI) Scheme, with an outlay of Rs. 1.91 lakh crore (US$ 21.61 billion), covering 14 strategic sectors and attracting strong industry participation.

*As of December 2025, PLI schemes have generated investments exceeding Rs. 2.16 lakh crore (US$ 24.44 billion), driving incremental production of over Rs. 20.41 lakh crore (US$ 230.95 billion) and creating over 14.39 lakh jobs, reinforcing India’s manufacturing ecosystem.

*In FY2025-26, the Government strengthened India's manufacturing ecosystem by approving the Electronics Components Manufacturing Scheme (ECMS) with an outlay of Rs. 22,919 crore (US$ 2.59 billion).

Competitive
Advantage

*Manufacturing continues to expand across sectors, with 8.00% growth recorded in November 2025, led by automobiles, pharmaceuticals and metals. Industrial activity remains robust, with IIP growth reaching 7.80% in December 2025, the highest in over two years, followed by 4.80% growth in January 2026, driven by manufacturing expansion.

Snapshot Showcase Infographics Reports

Last updated: May, 2026

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