Industry’s Next Leap: Structural Transformation and Global Integration

  • Industry Gross Value Added (GVA): Grew 7.0% in H1 FY26 (real terms), demonstrating resilience against persistent global headwinds.
  • Manufacturing Acceleration: GVA growth surged from 7.72% in Q1 to 9.13% in Q2 FY26, signalling a deep structural recovery.
  • Production Linked Incentive Scheme (PLI) Impact: Across 14 sectors, schemes attracted >Rs.2.0 lakh crore investment, yielding >Rs.18.7 lakh crore in sales and >12.6 lakh jobs as of September2025.
  • Innovation: India’s Global Innovation Index rank jumped to 38th in 2025, a significant climb from 66th in 2019.
  • Semiconductors: India Semiconductor Mission approved 10 projects across 6 states, involving ~Rs.1.60 lakh crore investments in manufacturing ....
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