The Gross Value Added (GVA) at basic current prices from the manufacturing sector in India grew at a CAGR of 10% during FY20–FY25, according to the annual national income published by the Government of India. The sector’s GVA at current prices was estimated at US$ 500 billion in FY30.
Business conditions in the Indian manufacturing sector remain positive. The manufacturing component of IIP stood at 169.9 during FY25. Strong growth was recorded in basic metals (10.8%), intermediate goods (8.9%), food products (2.7%), and tobacco products (3%). India’s Index of Eight Core Industries reached 166 in FY25. Merchandise exports increased 2.44% y-o-y, reaching US$ 330.29 billion in FY25.
Driven by the Make in India initiative, India is emerging as a hub for hi-tech manufacturing, with global giants such as GE, Siemens, HTC, Toshiba, and Boeing establishing or planning manufacturing plants in India, attracted by a market of over a billion consumers and rising purchasing power.
According to the United Nations Conference on Trade and Development (UNCTAD), India ranked among the top 10 FDI recipients in South Asia in 2025, attracting US$ 50 billion, a 73% increase compared to the previous year. Cumulative FDI in India’s manufacturing sector reached US$ 1 trillion between April 2000 and March 2020.
COMPAXED team has deep access to the manufacturing segment, providing Investment Banking, Business Advisory, and Corporate Advisory services through M&A deals.
