Manufacturing Sector Contribution to GDP in India (1990-2022)

India’s manufacturing sector contribution began at 16.6% in 1990, showing moderate growth throughout the 1990s with peaks near 17% in the mid-2000s. Economic liberalization and investment policies drove initial growth, though structural challenges limited the sector’s expansion. The contribution declined to 13.3% by 2022, affected by global supply chain issues, rising costs, and a shift towards services. Recent government initiatives, such as the "Make in India" program, aim to revitalize manufacturing, but significant impacts on GDP contribution are yet to be seen.