India Manufacturing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The manufacturing sector in India is segmented by Ownership (Public Sector, Private Sector, Joint Sector, and Cooperative Sector), by Raw Materials Used (Agro Based Industries and Mineral Based Industries), and by End-user Industries (Automotive, Manufacturing, Textile and Apparel, Consumer electronics, Construction, Food and Beverages, and Other End-user Industries). The report offers market size and forecast values (USD billion) for all the above segments.

India Manufacturing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

India Manufacturing Sector Industry Overview

The Indian manufacturing sector market landscape is fragmented in nature with a mix of global and local players. Some of the major players present in the market include Tata Motors Ltd, Mahindra & Mahindra Limited, Ashok Leyland, Hindustan Unilever Limited, Godrej group, and many more. Major companies in the market have adopted product launches, partnerships, business expansions, and acquisitions as their key developmental strategies to offer better products and services to customers in the manufacturing industry. For instance, in December 2022, Tata Passenger Electric Mobility, a subsidiary of Tata Motors, completed the acquisition of Ford India's vehicle manufacturing plant in Sanand for Rs 725.7 crores (USD 89.01 million). This acquisition will unlock an additional state-of-the-art manufacturing capacity of 300,000 units per annum, scalable to 420,000 units per annum.

India Manufacturing Sector Market Leaders

  1. Tata Motors Ltd

  2. Mahindra & Mahindra Limited

  3. Ashok Leyland

  4. Hindustan Unilever Limited

  5. Godrej group

  6. *Disclaimer: Major Players sorted in no particular order
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