Manufacturing

Reliance Industries is advancing its battery manufacturing initiatives as part of its broader strategy to become a key player in India’s electric vehicle (EV) ecosystem. The company’s plans, spanning gigafactory development and large-scale production of lithium-ion batteries, are reportedly on track, reflecting its commitment to technological excellence and supply chain integration. Analysts note that Reliance’s entry into battery manufacturing could accelerate EV adoption, reduce dependence on imports, and support domestic energy storage solutions.

LG Electronics is making rapid progress on its manufacturing facility at Sri City, reinforcing its commitment to expanding production capacity in India. The project, which has moved swiftly through early construction and planning stages, reflects the company’s strategy to deepen localisation, strengthen supply chains, and cater to rising domestic demand for consumer electronics and home appliances. The facility is expected to play a key role in improving operational efficiency and reducing dependence on imports.

Haryana’s FY27 state budget places a clear emphasis on strengthening industry and manufacturing as engines of economic growth and employment. The fiscal blueprint outlines targeted incentives, infrastructure spending and policy support aimed at attracting investment and enhancing the state’s competitiveness. By prioritizing industrial corridors, skill development and ease of doing business, the government seeks to deepen Haryana’s role in India’s manufacturing value chain.

The government has approved 22 proposals under its electronics manufacturing incentive framework, marking a significant step toward strengthening India’s domestic electronics ecosystem. The cleared projects span components, sub-assemblies, and finished products, reflecting a push to reduce import dependence and build global-scale manufacturing capacity. Officials said the approvals are expected to attract fresh investment, generate employment, and deepen value addition within the country.

India’s production-linked incentive scheme for the automobile and auto components sector has catalyzed investments worth Rs 35,657 crore, reinforcing the country’s push to become a global manufacturing hub. The inflows reflect strong industry participation across advanced automotive technologies, electric mobility and high-value components. Policymakers view the response as validation of the PLI framework, which ties incentives to output and value addition.

India is intensifying efforts to bolster domestic printed circuit board (PCB) manufacturing, aiming to reduce reliance on imports and enhance the country’s electronics supply chain resilience. Policymakers and industry stakeholders are promoting investments in advanced PCB fabrication, incentivizing local production, and supporting technology transfer initiatives.

Tamil Nadu has emerged as one of India’s strongest industrial performers in 2025, recording double-digit growth across key manufacturing and infrastructure segments. Driven by robust investments, policy continuity and expanding export capacity, the state has consolidated its position as a preferred destination for domestic and global manufacturers. Sectors such as electronics, automobiles, renewable energy and textiles have posted sustained expansion, supported by improved logistics and skill development initiatives.

Rolls-Royce’s renewed focus on India marks a significant development in the country’s aerospace and defence ambitions. The British engineering major is exploring deeper investments across jet engine manufacturing, maintenance and technology partnerships, aligning with New Delhi’s push for self-reliance in high-value defence production. Industry analysts view the move as a long-term strategic bet on India’s expanding aviation market, rising defence expenditure and skilled engineering base.

India’s electronics manufacturing sector is emerging as a major engine of industrial growth, driven by policy support, expanding domestic demand and shifting global supply chains. From mobile devices and consumer electronics to components and semiconductors, production capacity is rising steadily across multiple states. Government incentives, improved infrastructure and deeper integration with global value chains have accelerated investment and output.

Samsung is reinforcing its long-term commitment to India by expanding manufacturing, sharpening its premium product strategy and strengthening its position across consumer electronics and smartphones. As one of the country’s largest electronics players, the South Korean giant is increasingly aligning India operations with global supply chains while tapping into rising domestic demand. Investments in production, research and retail reach signal confidence in India’s growth story, even as competition intensifies.