India has reached USD 418 billion of Manufacturing exports in 2022 and has witnessed excellent growth over the last two years, with a CAGR of 15%. The chemical industry, pharmaceuticals, electronics, textile industry, industrial machinery and automotive industry are identified as the 6 sectors to drive manufacturing export to reach $1 trillion by 2028. Pharmaceutical manufacturing cost in India is 35% lower than in the US and on the other hand electronics manufacturing industries are shifting to India because of the growing demand for electronics products. A skilled workforce, low cost of labor, and favorable government policies and initiatives have helped manufacturing industries to thrive by leaps and bounds. The geopolitical shift caused by the pandemic and hatred towards China has helped India to attract investments in the manufacturing sector. Read the blog completely to know more about the potential sectors in India propelling the growth of manufacturing export.