Understanding India’s Manufacturing Landscape

India is rapidly emerging as a premier global manufacturing hub due to its expanding economy, strategic logistics, and substantial consumer base. Government initiatives like “Make in India” and the Production-Linked Incentive (PLI) schemes, along with significant infrastructure investments, have created a conducive business environment. The manufacturing sector, accounting for 17% of GDP, is set to grow, with ambitions to reach 25% by 2025. Key regions like Gujarat, Maharashtra, and Tamil Nadu lead in industrial investments. High technology adoption, a young workforce, and improved logistics rank India 38th on the Logistics Performance Index, bolstering its manufacturing appeal. India aims to reduce logistics costs to 8% of GDP by 2030, further enhancing its global manufacturing competitiveness.