The Make in India initiative marked its twelfth anniversary on 25 September 2026, having transformed India’s manufacturing landscape since its launch in 2014. The Department of Industrial Policy and Promotion, under the Ministry of Commerce and Industry, released a detailed assessment showing substantial increases in domestic production, investment and technological capability across multiple sectors.
The initiative began with the goal of positioning India as a global hub for manufacturing, design and innovation. It has since expanded to cover 27 sectors: 15 in manufacturing and 12 in services. The underlying strategy combines investor-friendly policies, streamlined business processes, infrastructure development and targeted production incentives.
Key facts
- Launch date: 25 September 2014
- Manufacturing GVA growth: 10.88% CAGR between 2022-23 and 2025-26
- Electronics production: increased from ₹1.9 lakh crore (2014-15) to ₹13.11 lakh crore (2025-26)
- Mobile phone production: rose 33-fold from ₹18,000 crore to ₹6.27 lakh crore
- Vehicle production: 31.03 million units in 2024-25, up 33% from 2014-15
- Crude steel production: increased from 81.7 to 170.0 million tonnes
- Defence production: rose from ₹46,429 crore to ₹1.78 lakh crore (283% increase)
- Pharmaceutical industry: 3rd globally by volume, 11th by value; ₹4,71,898 crore turnover in 2024-25
- Cumulative FDI: USD 843 billion during 2014-15 to 2025-26
- National Single Window System: 327 Central and 3,452 State approvals across 34 States and UTs
- Production Linked Incentive schemes: ₹2.40 lakh crore investment, ₹22.66 lakh crore in production and sales, over 14 lakh jobs created
- Startup India: ~2.54 lakh entities recognised as startups by September 2026
Growth across major industries
Electronics manufacturing recorded the most dramatic expansion. Production increased nearly sevenfold over the twelve-year period. Mobile phone production alone jumped 33-fold, making India the world’s second-largest mobile phone manufacturer by volume. The sector saw 15.8% growth in 2025-26 compared to the previous year.
The automobile sector also expanded significantly. Vehicle production in 2024-25 reached 31.03 million units, representing 33% growth over 2014-15. Within this, passenger and commercial vehicles each increased by 65%, three-wheelers by 71%, and two-wheelers by 30%.
Defence manufacturing showed exceptional growth of 283% over the period, with production value rising from ₹46,429 crore to ₹1.78 lakh crore. The pharmaceutical industry maintained strong momentum, reaching 9.5% compound annual growth from 2020-21 onwards. Medical device manufacturing rose 48.2% between 2019-20 and 2024-25.
Crude steel production doubled from 81.7 million tonnes in 2014-15 to 170.0 million tonnes in 2025-26. Indian Railways expanded coach manufacturing substantially, producing 54,809 coaches over 2014-24 and manufacturing 6,677 Linke Hofmann Busch (LHB) coaches in 2025-26 alone.
Building domestic supply chains and components
Beyond finished products, Make in India has supported development of components, intermediate systems and strategic materials. India now manufactures advanced pharmaceutical products including Trastuzumab Emtansine, a biosimilar antibody-drug conjugate for breast cancer, and Desidustat, a new chemical entity for kidney disease-related anaemia.
Solar manufacturing capacity surged from 2.3 GW in 2014 to 192 GW by June 2026. Solar-cell capacity expanded from 1.2 GW to approximately 30 GW. Rare-earth permanent magnet production began with a pilot plant established in March 2026 at the International Advanced Research Centre for Powder Metallurgy and New Materials in Hyderabad. These magnets are critical for electric vehicles, renewable energy and advanced manufacturing.
Capital goods and machinery production nearly doubled, rising from ₹2,87,233 crore in 2019-20 to ₹5,69,900 crore in 2024-25. Earthmoving and mining machinery increased 160.3%, printing machinery by 134.4% and machine tools by 132.2%.
Policy and institutional support
The Production Linked Incentive (PLI) schemes span 14 sectors and have attracted ₹2.40 lakh crore in investment, generating over ₹22.66 lakh crore in production and sales while supporting ₹15.20 lakh crore in exports.
The National Single Window System (NSWS) provides digital access to 327 Central approvals and 3,452 State approvals, handling over 3.06 lakh applications annually. The India Industrial Land Bank has mapped 4,220 industrial parks covering 6.98 lakh hectares. PM GatiShakti National Master Plan has evaluated 396 infrastructure projects worth ₹18.66 lakh crore, with 256 sanctioned and 198 under implementation.
Foreign Direct Investment (FDI) reached USD 843 billion cumulatively during 2014-15 to 2025-26, representing 169% growth over the preceding twelve years. India permits 100% FDI through automatic routes in most sectors.
Recent schemes for deepening manufacturing
The government approved several new initiatives in 2025-26 to strengthen specific sectors. The Bharat Audyogik Vikas Yojana (BHAVYA) received ₹33,660 crore to develop 100 world-class industrial parks. Semicon 2.0 allocated ₹1,27,500 crore for semiconductor design, manufacturing, packaging, materials and research. The Mobile Phone Manufacturing Scheme received ₹62,500 crore for 2026-27 to 2030-31 to scale production and increase domestic value addition. A scheme for rare-earth permanent magnets allocated ₹7,280 crore to establish 6,000 MTPA manufacturing capacity. BHAVYA Rasayan allocated ₹3,030 crore for three dedicated chemical parks.
What this means for you
If you work in manufacturing, electronics, automobiles, pharmaceuticals or defence, the expanded domestic production capacity creates employment opportunities and reduces import dependence. Students pursuing engineering, design or technical skills have better prospects in an expanding manufacturing sector. Entrepreneurs can access simplified approvals through NSWS and land through the Industrial Land Bank. Startups registered under Startup India benefit from a formalised ecosystem. Consumers may see reduced prices for electronics and medicines as local production scales. Exporters gain access to globally competitive manufactured goods made in India.
What happens next
Make in India 2.0 continues to focus on 27 sectors across manufacturing and services, with ongoing implementation of recent schemes for semiconductors, mobile phones, rare-earth magnets and industrial parks. Government evaluations of infrastructure projects under PM GatiShakti continue to support manufacturing clusters.