Manufacturing sector to contribute 20% to India's GDP by FY30: Report
India's manufacturing sector is expected to nearly double its contribution to GDP over the next five years, rising from 13% in FY25 to 20% by FY30, Equirus Capital reported. This growth is driven by policy reforms, surging IPO, mergers and acquisitions, and private equity activity in key industrial segments. Notably, FY25 recorded 32 industrial IPOs, the highest in five years.