Top Companies Powering Indian Manufacturing Growth in 2024

Looking to boost your business with reliable manufacturing partners in India, but overwhelmed by endless options? You’re not alone. Finding a factory that delivers quality, speed, and affordability can feel like searching for a needle in a haystack. Choosing the right manufacturer means fewer headaches, better products, and faster growth for your brand. Imagine working with a partner who truly gets your needs—how much easier would scaling up become?

Read on to discover the top Indian factories setting new standards in manufacturing.

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Manufacturing Industries in India & its Growth – IBEF

India Manufacturing Tracker: 2024-25 – India Briefing

Product Details:
India Briefing provides online business guides, explainer articles, news, tools, and videos offering economic, geographic, and regulatory insights for business investors, managers, and expats navigating India’s manufacturing sector.

Technical Parameters:
– Data and analysis based on nationwide indices such as PMI (Purchasing Managers’
– PMI composed from 5 key factors: New orders (30%), Output (25%), Employment
– Coverage includes sector-wise growth statistics across manufacturing

Application Scenarios:
– Supporting business investment decision-making in India’s manufacturing sector
– Assisting managers and business planners with up-to-date regulatory and
– Providing expats and international companies with guidance for market entry and

Pros:
– Offers early and comprehensive insight into the economic health and trends of
– Provides factual, timely data and sector-specific growth rates to guide
– Includes analysis of government policies, sector incentives, and regulatory

Cons:
– Data and insights are dependent on the accuracy and timeliness of public
– Does not provide direct manufacturing services or physical products, only

A new growth formula for manufacturing in India | McKinsey

Product Details:
The article identifies 11 manufacturing value chains in India with strong potential for international competitiveness. These value chains include pharmaceutical formulations, automotive components and vehicles, chemical products, basic metals, textiles and apparel, renewable energy, capital goods, and fast-selling technology products. The focus is on both mature and developing manufacturing sectors capable of export growth, import localization, and serving domestic demand.

Technical Parameters:
– Value chains leverage India’s advantages in raw materials (iron ore, bauxite,
– Capabilities include sophisticated supplier ecosystems (in mature chains),
– Some sectors are mature and have proven export ability without relying on

Application Scenarios:
– Supplying pharmaceutical formulations, capital goods, and automotive components
– Production of basic metals, textiles, and renewable energy targeting
– Contract manufacturing for global companies reconfiguring supply chains for

Pros:
– Access to abundant raw materials and low-cost labor provides cost advantages.
– Large and growing domestic market in India supports scaling up operations.
– Certain sectors possess mature supplier ecosystems and proven export

Cons:
– High input costs due to poor logistics, expensive power, and credit.
– Fragmented company structures in some sectors cause low productivity and
– Limited sectoral capabilities restrict ability to command price premiums or

The Manufacturing Sector Growth Story of India | IN – Cushman & Wakefield

Product Details:
Cushman & Wakefield offers a range of commercial real estate services in India, catering to sectors such as manufacturing, logistics & industrial, office, retail, residential, and data centers. Their services include agency leasing, capital markets, facilities services, global occupier services, project & development services, retail services, strategic consulting, tenant representation, and valuation & advisory.

Application Scenarios:
– Commercial property leasing for manufacturing, logistics, and industrial clients
– Valuation and advisory for real estate investments in the manufacturing sector
– Project and development management of industrial facilities
– Strategic consulting for businesses entering or expanding in Indian

Pros:
– Comprehensive suite of real estate services tailored to multiple industries
– Expertise in managing and consulting for large-scale industrial and
– Strong presence in major Indian cities supporting regional expansion

Indian Manufacturing Industry: The key drivers behind increased foreign …

Product Details:
ET Manufacturing offers a range of digital solutions for the manufacturing sector, including integrated marketing campaigns, bespoke events, virtual engagement platforms, advertorial and brand promotion services, and content/video solutions designed for industry stakeholders.

Technical Parameters:
– Customization options for campaigns and events (e.g., integrated campaigns,
– Support for digital and virtual formats (webinars, virtual conferences,
– Branding solutions include website widgets, newsletter sponsorships, banner
– Multi-sectoral coverage including automotive, aerospace, hi-tech, life sciences

Application Scenarios:
– Manufacturing companies seeking to boost digital branding and lead generation
– Industries organizing or participating in sector-specific events, roadshows, or
– Businesses aiming to run virtual or hybrid campaigns for customer or
– Organizations pursuing content-driven marketing strategies or leadership

Pros:
– Highly customizable marketing and engagement solutions tailored to
– Comprehensive multi-channel offering (events, digital, content, videos,
– Enhances visibility, customer acquisition, and brand leadership through

Cons:
– No core product for physical manufacturing processes; offering is limited to
– Technical or performance specifications for actual manufacturing equipment/servi

Manufacturing Sector – Driver of India’s Growth Story

Product Details:
Mutual fund investment and asset management services offered by HSBC Asset Management India, focusing on various fund categories such as equity, debt, index, hybrid, and fund of funds, with a particular emphasis on opportunities in India’s manufacturing sector.

Technical Parameters:
– Multiple fund types: Equity, Debt, Index, Hybrid, Domestic and Overseas Fund of
– Online investment platform and mobile app availability (Invest Xpress)
– Dedicated resources for NRI investors and distribution partners
– Information and tools for NAV tracking and investor services

Application Scenarios:
– Investing in diversified mutual funds for wealth creation
– Accessing sector-focused investment opportunities, including manufacturing
– Online and app-based investment for convenience
– Serving both resident and non-resident Indian investors

Pros:
– Wide range of fund options catering to different risk profiles and investment
– Convenient digital access through website and mobile app platforms
– Focus on sectoral growth areas like manufacturing, aligning with India’s
– Support for responsible investing and ESG considerations

Cons:
– Potential for market risk and sector-specific volatility
– Complexity for new investors due to multiple fund choices
– Returns are subject to market fluctuations and not guaranteed

India Manufacturing Market Size & Share Analysis – Growth Trends …

Savills India | Manufacturing Report 2024

Product Details:
Savills India offers real estate services including buying, selling, investing, letting/renting, valuation, consulting, and project management for residential, commercial, and industrial/logistics properties in India and select international markets.

Application Scenarios:
– Buying or selling residential, commercial, or industrial/logistics properties
– Letting or renting residential or commercial real estate, including office and
– Investing in various property types, including mixed-use assets
– Property valuation, project management, and consulting services for industrial

Pros:
– Comprehensive range of real estate services across various property segments
– Expertise in both domestic (India) and select international property markets
– Experience and knowledge of local, regional, and international property trends

Cons:
– Lack of detailed technical parameters for services and property offerings on
– No specific mention of pricing structures or fees

manufacturing growth forecast: India’s manufacturing sector’s …

India’s Manufacturing Sector: Achievements and Challenges

Comparison Table

Company Product Details Pros Cons Website
Manufacturing Industries in India & its Growth – IBEF www.ibef.org
India Manufacturing Tracker: 2024-25 – India Briefing India Briefing provides online business guides, explainer articles, news, tools Offers early and comprehensive insight into the economic health and trends of Data and insights are dependent on the accuracy and timeliness of public www.india-briefing.com
A new growth formula for manufacturing in India McKinsey The article identifies 11 manufacturing value chains in India with strong Access to abundant raw materials and low-cost labor provides cost advantages High input costs due to poor logistics, expensive power, and credit. Fragmented
The Manufacturing Sector Growth Story of India IN – Cushman & Wakefield Cushman & Wakefield offers a range of commercial real estate services in India, Comprehensive suite of real estate services tailored to multiple industries Expe
Indian Manufacturing Industry: The key drivers behind increased foreign … ET Manufacturing offers a range of digital solutions for the manufacturing Highly customizable marketing and engagement solutions tailored to No core product for physical manufacturing processes; offering is limited to manufacturing.economictimes.indiatimes.com
Manufacturing Sector – Driver of India’s Growth Story Mutual fund investment and asset management services offered by HSBC Asset Wide range of fund options catering to different risk profiles and investment Potential for market risk and sector-specific volatility Complexity for new www.assetmanagement.hsbc.co.in
India Manufacturing Market Size & Share Analysis – Growth Trends … www.mordorintelligence.com
Savills India Manufacturing Report 2024 Savills India offers real estate services including buying, selling, investing, Comprehensive range of real estate services across various property Lack of detailed technical parameters for services and property offerings on
manufacturing growth forecast: India’s manufacturing sector’s … economictimes.indiatimes.com
India’s Manufacturing Sector: Achievements and Challenges www.pmfias.com

Frequently Asked Questions (FAQs)

How do I find reliable Indian manufacturers for my products?
Start by searching on reputable online B2B platforms, attending trade fairs, or using directories from export promotion councils. Always cross-check credentials, look for customer reviews, and request references before shortlisting potential suppliers.

What certifications should I look for when choosing a manufacturer?
Seek manufacturers with ISO certifications, and product-specific quality marks like BIS, or relevant export certifications. These indicate adherence to international standards and can assure you of quality and consistency.

How can I verify the credibility of a manufacturer?
Check the manufacturer’s business license, factory audit reports, and client testimonials. Ask for sample products and, if possible, visit the factory or hire a third-party inspection agency to review their operations firsthand.

What factors should I consider when comparing Indian manufacturers?
Compare pricing, minimum order quantities, quality standards, production capacity, lead times, and communication responsiveness. Consider their experience in your product category and ability to scale with your business needs.

How do I ensure good communication and prevent misunderstandings?
Clearly outline your requirements, specifications, and timelines from the start. Maintain regular contact via email or calls, ask for written confirmations, and utilize detailed contracts to avoid ambiguity throughout your partnership.

Top Companies Powering Indian Manufacturing Growth in 2024

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