Advantage India
Robust
Demand
*Between FY2014-15 and FY2025-26, India’s total exports (merchandise and services) increased from Rs. 286.45 lakh crore (US$468.44 billion) to a record Rs. 760.06 lakh crore (US$860.09 billion), registering a CAGR of 5.68%. In FY2025-26, merchandise exports stood at Rs. 390.40 lakh crore (US$441.78 billion), while services exports reached Rs. 369.66 lakh crore (US$418.31 billion).
*India’s private final consumption expenditure (PFCE) remained a key driver of economic growth in FY2025-26, reaching Rs. 196.51 lakh crore (US$2.22 trillion) and accounting for 56.7% of GDP, with PFCE growing 9.4% year-on-year, highlighting sustained domestic demand.
Increasing
Investment
*The key initiatives include the Production Linked Incentive (PLI) Scheme for Large Scale Electronics Manufacturing, PLI Scheme 2.0 for IT Hardware, Electronics Manufacturing Clusters (EMC and EMC 2.0) Scheme, Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS), and the Modified Programme for Development of Semiconductors and Display Manufacturing Ecosystem.
*The Cumulative FDI equity inflows (January 2000–March 2026) stood at Rs. 52,89,321.87 crore (US$ 788.53 billion).
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.
*PLI-supported exports exceeded Rs. 15.2 lakh crore (US$ 158.36 billion) as of March 2026, according to the Government's 21 July 2026 update. PLI schemes attracted over Rs. 2.40 lakh crore in actual investment and generated more than 14.15 lakh direct and indirect jobs.
*The Government strengthened India’s manufacturing ecosystem by increasing the outlay for the Electronics Components Manufacturing Scheme (ECMS) from Rs. 22,919 crore (US$2.59 billion) to Rs. 40,000 crore (US$4.53 billion) under Union Budget 2026-27.
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.
Maruti Suzuki
Maruti Suzuki India Limited, subsidiary of Suzuki Motor Corporation, Maruti Suzuki retains an unparalleled leadership position in India’s passenger vehicle industry, consistently holding approximate 40% market share, the highest among all OEMs.
In CY2025, the Company delivered 17.86 lakh PV retails, translating to a dominant approx. 40% market share well ahead of peers (all below 14%).
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UltraTech Cement
UltraTech Cement Ltd. is the largest manufacturer of grey cement, ready-mix-concrete (RMC) and white cement in India. It is also one of the leading cement producers globally. UltraTech as a brand embodies 'strength', 'reliability' and 'innovation'. Together, these attributes inspire engineers to stretch the limits of their imagination to create homes, buildings and structures that define the new India. In FY2025-26, UltraTech Cement reinforced its leadership as the largest cement producer outside China, with a consolidated grey cement capacity of 198.20 MTPA globally following strategic acquisitions and capacity expansions. The company commissioned 17.40 MTPA of additional capacity during the year and is on track to surpass 200 MTPA in FY2026-27.
Read MoreJSW Steel - Manufacuring Sector Company | IBEF
JSW Steel is the flagship company of the JSW Group. The company is a leading integrated steel manufacturer. Currently, one of the fastest growing companies in India, it has a presence in over 100 countries. JSW is also the first company to manufacture high-strength and advanced high-end steel products for its automotive segments.
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