Manufacturing Facility

Impressive growth in industrial sector is propelled by the robust growth in the manufacturing sector which continues unabated. Manufacturers from across the world are setting up shop and businesses in India, which researches proves is due to the required skills in process, product, and capital engineering, long manufacturing history and higher-education system, vast domestic market and relatively low cost workers. India’s industrial production, which makes up a quarter of the economy, is being spurred by rising incomes and savings. In fact, India’s consumer spending is set to quadruple by 2025. The country’s consumer market is forecast to expand at an average annual rate of 7.3 per cent. Overseas companies are investing more in India to take advantage of growing demand. Researches show that the top five growth industries in the manufacturing sector are cement, steel, pharma, gems and jewellery and engineering.