India's manufacturing sector is accelerating faster than global averages. With 1.3% growth in Q3 2025 compared to the world's 0.7%, India is capitalizing on China-plus-one supply chain shifts and strong domestic demand. The government's Union Budget 2026 reinforces this momentum through the India Semiconductor Mission 2.0, rare earth corridors, and a ten-thousand-crore rupee SME Growth Fund. Medium and high-tech industries now contribute 46.3% of manufacturing value addition, signaling a strategic shift toward sophisticated production. Startups are seizing this opportunity, building innovations in defence technology, clean mobility, semiconductor packaging, and electronics hardware while creating jobs and driving exports.
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