India’s engineering sector is our largest industrial sector. It is involved in 63% of all international partnerships and collaborations related to industrial activities. India's manufacturing sector has also emerged as a robust and dynamic force driving economic growth. With an estimated growth rate of 6.2% in FY-25, sectors like electricity and construction play a pivotal role.

Initiatives like "Make in India" have boosted manufacturing in the country, making business more competitive, while the Production Linked Incentive (PLI) scheme presented budget outlays to incentivize industrial growth. These have attracted significant Foreign Direct Investment, making India a lucrative market for investments. As a result, there is potential to cement the nation's position as a global industrial powerhouse, driving sustained economic growth, fostering innovation, and enhancing competitiveness in international markets.

At Grant Thornton Bharat, our Engineering & Industrial Products team combines industry expertise with strategic insights to help our clients navigate complexities and accelerate growth. Helping you shift to top gear for sustained success in a competitive market.

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