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Manufacturing Industry
India's manufacturing industry exports various products, including textiles, machinery, chemicals, and automotive components.
- The manufacturing export industry in India has grown at a CAGR of 6.8% between 2014-2020
- Indian manufacturers offer competitive pricing and a diversified product range
- Products exported include textiles, machinery, chemicals, and automotive components
- The industry boasts a robust supply chain that facilitates exports
- Indian manufacturers have access to advanced manufacturing facilities and a skilled workforce
- The Indian government has launched initiatives like Make in India, Atmanirbhar Bharat, and the National Manufacturing Policy to support the industry
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The Indian government has launched several initiatives to support the manufacturing industry, including Make in India, Atmanirbhar Bharat, and the National Manufacturing Policy. These initiatives have helped in the development of infrastructure, technology, and skills and have contributed to the growth of the industry. For example, under the Make in India initiative, the government has established several industrial corridors and special economic zones to attract investment in the manufacturing sector.
Indian manufacturers adhere to several quality standards, including ISO 9001, ISO 14001, and OHSAS 18001. These standards ensure that the products manufactured in India meet global quality benchmarks and are safe for use. Indian manufacturers also follow environmental and social sustainability practices to ensure their products are produced responsibly and sustainably.
