1.78 lakh crore over the same period.
Crude steel production increased from 81.7 million tonnes in 2014-15 to 170 million tonnes in 2025-26.
15.20 lakh crore in exports and created more than 14 lakh jobs as of June 2026.
Ans: Make in India was launched on 25 September 2014 to establish India as a global manufacturing, design and innovation hub.
Ans: The 14 PLI schemes attracted ₹2.40 lakh crore in investment as of June 2026.
Make in India, launched on 25 September 2014, has completed 12 years amid significant gains in manufacturing capacity but continuing challenges in investment, exports and the sector's overall economic contribution.
The manufacturing ecosystem has also been supported by initiatives such as the Production Linked Incentive (PLI) schemes,(NSWS),and India Industrial Land Bank.
The initiative was later expanded under Make in India 2.0, which covers 27 sectors, including 15 manufacturing and 12 services sectors.
Its initial focus was on facilitating investment, fostering innovation, developing infrastructure and improving business processes.
Make in India was launched to position India as a global hub for manufacturing, design and innovation.
India has also developed indigenous microprocessors for space applications and established a pilot facility for Nd-Fe-B rare-earth permanent magnets.
Solar-module manufacturing capacity rose from 2.3 GW in 2014 to 192 GW by June 2026, while solar-cell capacity increased from 1.2 GW to about 30 GW.
Manufacturing capabilities are increasingly extending beyond finished goods.
Indigenous defence production rose from Rs. 46,429 crore to Rs. 1.78 lakh crore over the same period.
Crude steel production increased from 81.7 million tonnes in 2014-15 to 170 million tonnes in 2025-26.
India's pharmaceutical industry recorded annual turnover of Rs. 4,71,898 crore in 2024-25, while domestic medical-device manufacturing increased from Rs. 28,000 crore in 2019-20 to Rs. 41,500 crore.
Vehicle production reached 31.03 million units in 2024-25, around 33% higher than in 2014-15.
Mobile-phone production increased around 33 times, from Rs. 18,000 crore to Rs. 6.27 lakh crore, making India the world's second-largest mobile-phone manufacturer by volume.
Electronics production increased nearly sevenfold, from approximately Rs. 1.9 lakh crore in 2014-15 to Rs. 13.11 lakh crore in 2025-26.
Several sectors have recorded substantial increases:
The manufacturing component of the Index of Industrial Production also grew 7% during April-July 2026 compared with the corresponding period of 2025.
Manufacturing GVA at constant prices recorded a 10.88% CAGR between 2022-23 and 2025-26 under the revised national accounts series.
However, the gains are concentrated. Solar modules, pharmaceuticals, automobiles and components, speciality steel and large-scale electronics account for nearly 83% of PLI investment.
The 14attracted Rs. 2.40 lakh crore in investment, generated more than Rs. 22.66 lakh crore in production and sales, supported over Rs. 15.20 lakh crore in exports and created more than 14 lakh jobs as of June 2026.
Capacity utilisation has improved but remains below the 80% level generally associated with fresh capacity creation.
Private-sector GFCF as a share of GDP has declined in recent years. Manufacturing FDI has also grown more slowly than overall FDI in seven of the 12 years examined.
Non-petroleum goods exports increased from $253.5 billion in 2014-15 to $388.3 billion in 2025-26, but India's share of global merchandise exports remained around 1.7%, the same level as in 2013.
Under the revised national accounts, its share in GVA increased only marginally from 14.6% in 2022-23 to 15.6% in 2025-26.
The broader data presents a more mixed picture. Manufacturing has not materially increased its share of India's economic output, employment or global exports over the period examined.
has Rs. 33,660 crore for 100 investment-ready industrial parks, while Rs. 7,280 crore has been allocated for integrated manufacturing of sintered rare-earth permanent magnets.
has an allocation of Rs. 1,27,500 crore for semiconductor design, manufacturing, packaging, materials, equipment, research and talent.
The next phase increasingly focuses on domestic value addition and strategic capabilities.
Greater private investment, stronger component ecosystems, higher capacity utilisation, technology development and deeper integration with global value chains will be important.
India's manufacturing strategy needs to move from increasing production to building
The next phase must therefore focus on broad-based and technology-intensive manufacturing growth.
However, the evidence also shows that these gains have not yet translated into a proportionate increase in manufacturing's share of
Twelve years of Make in India have created significant manufacturing capabilities across electronics, automobiles, pharmaceuticals, steel, defence and strategic technologies.
Source: TH | PIB
Make in India FAQs
Q1: When was Make in India launched?
Ans: Make in India was launched on 25 September 2014 to establish India as a global manufacturing, design and innovation hub.
Q2: How many sectors are covered under Make in India 2.0?
Ans: Make in India 2.0 covers 27 sectors, comprising 15 manufacturing and 12 services sectors.
Q3: How much investment has the PLI scheme attracted?
Ans: The 14 PLI schemes attracted ₹2.40 lakh crore in investment as of June 2026.
Q4: What is India's share of global merchandise exports?
Ans: India's share of global merchandise exports remained around 1.7% in 2025-26, similar to its share in 2013.
Q5: What is the major challenge for Make in India?
Ans: The major challenge is converting sector-specific production gains into broader growth in manufacturing's output, investment, employment and global export share.
