India aims to increase manufacturing's contribution to GDP to 25% by 2025 from the current 16%. The government has received investment proposals totaling over $3.05 billion, of which $1.04 billion have been approved, to help achieve this goal. India's manufacturing sector could reach $1 trillion by 2025 if initiatives like "Make in India" are successful in attracting foreign investment.

1. MANUFACTURING IN INDIA
FACTSYOU NEEDTO KNOW
INDIA.DELIVERED.

2. 16 % Manufacturing Contribution to GDP
India has also set for itself an ambitious target of increasing the
contribution of manufacturing output to 25% of Gross Domestic
Product (GDP) by 2025, from 16% currently
Also, India’s economy is expected to grow at 7.4 in 2014-15 as per a Government
forecast

3. “India has received 57 investment proposals of over $3.05 billion
of which 30 proposals worth $1.04 billion have been approved”
-Mr. Ravi Shankar Prasad
Minister for Communications &
Information Technology
Government Of India
The domestic market size of the chemical industry is around
$118 billion and it is approximately 3% of the global chemical
market, according to a report

4. The PMI rose to 52.4% in January 2015 from 51.1 in December 2014
52.4%
The composite PMI that combines both services and
manufacturing sectors got up to 53.5% in January 2015 from
52.9% the previous month
India’s manufacturing sector could touch $ 1 trillion
by 2025, according to a report

5. GOVERNMENT INITIATIVES
The government has asked New Delhi’s envoys in over 160 countries to focus
on economic diplomacy to help government attract investment & transform
the ‘Make In India’ campaign into a success to boost growth during
the annual heads of missions conference
The government of Uttar Pradesh has secured investment deals valued at
$ 803.77 million for setting up mobile manufacturing units in the state
The government of Maharashtra has cleared land allotment for 130 industrial
units across the state with an investment of $ 1.01 billion

6. WHAT LIES BEYOND
The government of India has an ambitious plan to locally
manufacture as many as 181 products and this move can profit
infrastructure sectors such as Power, Oil, Gas and automobile
manufacturing that require large capital expenditure and revive the
$28.5 billion Indian capital Goods Business
With impetus on developing industrial corridors and smart Cities,
the government aims to ensure holistic development of the nation