Advantage India
Robust
Demand
*During FY25 (Until October 2024), India’s merchandise exports reached US$ 252.28 billion, up from US$ 244.51 billion in the previous fiscal.
*By 2030, Indian middle class is expected to have the second-largest share in global consumption at 17%.
Increasing
Investment
*Propelled by growth in priority sectors and driven by favourable megatrends, India’s manufacturing sector has opened itself into new geographies and segments.
*FDI in India's manufacturing sector has reached US$ 165.1 billion, a 69% increase over the past decade, driven by Production-Linked Incentive (PLI) schemes. In the last five years, total FDI inflows amounted to US$ 383.5 billion.
Policy
Support
*India's manufacturing sector is poised to reach US$ 1 trillion by 2025-26, led by Gujarat, Maharashtra, and Tamil Nadu, fueled by investments in automobile, electronics, and textile industries. Government initiatives like Make in India and PLI schemes drive growth, attracting FDI and enhancing industrial infrastructure.
*DPIIT is boosting India's startup ecosystem and manufacturing sector by developing incubators to foster innovation, enhance competitiveness, create jobs, and strengthen the country's self-reliance and global trade position, with support from government initiatives and collaborations between corporates and startups.
Competitive
Advantage
*The positive developments in the manufacturing sector, driven by production capacity expansion, government policy support, heightened M&A activity, and PE/VC-led investment, are creating a robust pipeline for the country’s sustained economic growth in the years to come.
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