India's manufacturing output, sector by sector
Electronics and pharmaceuticals are pulling away from the pack, while textiles tread water. A visual audit of the index of industrial production.
Sana Qureshi
Section · 4 articles
How Indian companies, sectors and industries are actually performing.
Electronics and pharmaceuticals are pulling away from the pack, while textiles tread water. A visual audit of the index of industrial production.
Venture funding has stabilised well below the 2021 peak — and founders have quietly rebuilt their unit economics around the new normal.
Output growth by sector, year-on-year %, FY26
Over 1,700 GCCs now employ close to two million people. The data shows they are climbing the value chain faster than the IT services giants did.
Motorcycle registrations are the closest thing India has to a real-time rural income indicator. They are finally accelerating again.