India’s government is prioritizing investment in key sectors like electric vehicles (EVs) and semiconductor manufacturing, positioning itself as a global leader in these industries. Policies in various states, such as Tamil Nadu’s focus on auto components and Telangana’s push for energy storage solutions, are supporting this shift towards sustainable and high-tech manufacturing.
The automotive industry is also evolving with a strong focus on sustainability, where companies are accelerating the adoption of digital technologies like AI, IoT, and robotics, in line with the global Industry 5.0 trend. In fact, 93% of Indian manufacturers are integrating these technologies to enhance sustainability and profitability.