+
India Eyes $3 Trn Industry Growth by 2035
ECONOMY & POLICY

India Eyes $3 Trn Industry Growth by 2035

India’s industry sector is poised for a transformative leap, targeting a contribution of up to thirty-two per cent of Gross Domestic Product by year twenty thirty-five, according to Omniscience Capital. Driven largely by manufacturing, the sector is set to overtake agriculture’s GDP share, fuelled by rising domestic consumption, a growing middle class, and targeted government interventions.

To achieve the ambitious USD one trillion merchandise export target by year twenty thirty, annual export growth must average twelve per cent. India’s merchandise exports stood at USD four hundred fifty billion and grew at a three-year compound annual growth rate of 18.8 per cent till financial year twenty twenty-four.

Government schemes including Production Linked Incentive, Foreign Direct Investment liberalisation, and the Make in India initiative are strengthening the sector’s backbone. Infrastructure investments under the Gati Shakti initiative are enhancing logistics and physical connectivity.

Eleven Industrial Corridor Projects under the National Industrial Corridor Development Programme aim to develop smart cities, attract Micro, Small and Medium Enterprise investments, and generate up to four million jobs. This includes corridors such as Delhi-Mumbai, Chennai-Bengaluru, and Hyderabad-Warangal, covering key industries like textiles, electronics, pharmaceuticals, and logistics.

Omniscience Capital affirms that advanced technology adoption, efficient supply chains, and policy support will be critical in realising India’s USD three trillion industrial potential by twenty thirty-five.


India’s industry sector is poised for a transformative leap, targeting a contribution of up to thirty-two per cent of Gross Domestic Product by year twenty thirty-five, according to Omniscience Capital. Driven largely by manufacturing, the sector is set to overtake agriculture’s GDP share, fuelled by rising domestic consumption, a growing middle class, and targeted government interventions.To achieve the ambitious USD one trillion merchandise export target by year twenty thirty, annual export growth must average twelve per cent. India’s merchandise exports stood at USD four hundred fifty billion and grew at a three-year compound annual growth rate of 18.8 per cent till financial year twenty twenty-four.Government schemes including Production Linked Incentive, Foreign Direct Investment liberalisation, and the Make in India initiative are strengthening the sector’s backbone. Infrastructure investments under the Gati Shakti initiative are enhancing logistics and physical connectivity.Eleven Industrial Corridor Projects under the National Industrial Corridor Development Programme aim to develop smart cities, attract Micro, Small and Medium Enterprise investments, and generate up to four million jobs. This includes corridors such as Delhi-Mumbai, Chennai-Bengaluru, and Hyderabad-Warangal, covering key industries like textiles, electronics, pharmaceuticals, and logistics.Omniscience Capital affirms that advanced technology adoption, efficient supply chains, and policy support will be critical in realising India’s USD three trillion industrial potential by twenty thirty-five.

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?