5 days ago
India’s Manufacturing Majors Scale Capacity Across Strategic Industries
Many large companies in India are building bigger and smarter factories.
They make things such as cars, medicines, food, clothes, cement, electronics and power equipment.
Some companies want India to depend less on imports for important materials and technologies.
Others are expanding so they can sell more products in India and abroad.
Car companies are adding capacity and developing electric, hybrid and other vehicles.
Energy companies are combining traditional power with solar, storage, hydropower and possible nuclear projects.
Technology is becoming more important, with artificial intelligence, automation and digital tools being used in factories.
Several companies are also trying to use more renewable energy and reduce waste.
These plans could create jobs and strengthen supply chains, but the companies still need to turn their announced investments into successful operations.
Reliance Industries, ITC Limited, Samsung Electronics and Dixon Technologies are expanding manufacturing, technology and local supply chains to support India’s self-reliance and export ambitions.
Adani Power, Jindal Power Limited, Waaree Energies Limited and National Aluminium Company Limited are investing in thermal power, renewables, storage, minerals and other energy-related capacity.
Maruti Suzuki India Limited, Tata Motors and Hyundai Motor India Limited are increasing vehicle capacity while targeting stronger exports, electric vehicles and broader product portfolios.
Sun Pharmaceutical Industries Limited, Tata Consumer Products Limited, Page Industries Limited, Zydus Wellness Limited and Vardhman Textiles Limited are using manufacturing expansion, innovation and efficiency improvements to reach new markets.
UltraTech Cement Limited, Gujarat State Fertilizers & Chemicals Limited, NewSpace India Limited and Honeywell Automation India Limited are scaling cement, fertilisers, commercial space and industrial automation capabilities.
- Who
- Major Indian and multinational manufacturers, including Reliance Industries, ITC Limited, Samsung Electronics, automobile companies, energy producers, pharmaceutical companies and industrial technology firms.
- What
- They are expanding factories, production capacity, technology, domestic supply chains and export operations across multiple industries.
- Where
- Primarily in India, with manufacturing and energy operations or planned projects also spanning Asia, Europe, Africa, the Americas, Australia, the Middle East and Botswana.
- When
- The plans and performance figures cover FY26, FY27 and targets extending mainly to 2030, FY31 and FY32.
- Why
- The companies cite rising domestic demand, export opportunities, energy security, import reduction, supply-chain resilience, technological change and India’s manufacturing ambitions.
Key facts
- Reliance new energy
- Solar photovoltaic cell and module lines were commissioned in the last fiscal year; the first phase of its battery storage and cell giga factory is targeted for commissioning during FY27.
- ITC manufacturing network
- ITC Limited’s ecosystem includes more than 300 factories, 45 owned plants and over 9,500 engaged MSMEs; nearly 90% of its value addition takes place in India.
- Automotive capacity
- Maruti Suzuki India Limited produced 2.3 million vehicles in FY26 and targets annual capacity of 4 million units by FY31; Tata Motors plans to raise passenger-vehicle capacity from 900,000 to 1.3 million units.
- Hyundai expansion
- Hyundai Motor India Limited plans to raise Pune capacity from 170,000 vehicles to 300,000 by 2030 and has planned Rs 45,000 crore of investment in India over the next five years.
- Power expansion
- Adani Power plans more than Rs 2 lakh crore of capex to increase generation capacity from over 18 GW to 45 GW by FY32, while Jindal Power Limited targets more than 10,000 MW by 2030.
- Clean-energy manufacturing
- Waaree Energies Limited has 25.8 GW of global module capacity and 5.4 GW of solar-cell capacity; its 5.15 GWh automated battery-storage container facility is operational.
- Metals and cement
- National Aluminium Company Limited plans around Rs 30,000 crore of investment over five years, while UltraTech Cement Limited has crossed 200 million tonnes per annum and targets 240 million tonnes by FY28.
- Space and automation
- NewSpace India Limited is transferring Small Satellite Launch Vehicle technology to industry, while Honeywell Automation India Limited is promoting retrofit-friendly, AI-enabled and digitally connected factories.
Quotes
Mukesh Ambani
Chairman and Managing Director of Reliance Industries
“To address this demand, Adani Power is undertaking India's largest private-sector thermal power expansion programme, with over Rs 2 lakh crore in capex. This will increase our generation capacity from over 18 GW today to 45 GW by FY32.”
businesstoday.in
“We have laid the foundation for Reliance to emerge as a leading deep-tech and advanced manufacturing company. For this, we are investing an extraordinary amount on innovation and R&D efforts”
businesstoday.in
Sources
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