​Chapter 7: Industry - All about Business Reforms

  • The industrial sector expected to grow by 6.2 per cent in FY-25 (first advance estimates), driven by robust growth in electricity and construction.
  • The government has been actively promoting Smart Manufacturing and Industry 4.0, supporting the establishment of SAMARTH Udyog centres.
  • In FY24, the Indian automobile domestic sales grew by 12.5 per cent.
  • The domestic production of electronic goods has grown at a CAGR of 17.5 per cent from FY15 to FY24.
  • 99 per cent smartphones now manufactured domestically, drastically reducing India’s dependence on imports.
  • The total annual turnover of pharmaceuticals in FY24 was Rs 4.17 lakh crore, growing at an average rate of 10.1 ....
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