The Industrials sector, being closely associated with the manufacturing and infrastructure sectors, is of strategic importance to India’s economy. This sector is at the heart of the Union Government’s “Make in India” initiative, which envisages increasing the contribution of manufacturing output of the country to 25% of GDP by 2025, from the current 16%. The sector has a multiplier effect and has a bearing on the growth of the end-user industries as it provides critical input, i.e., raw materials, machinery and equipment to a variety of sectors.

Industrial production in India has been slow over last few years due to slump in the Indian economy. However, certain segments have shown resilience taking proactive measures to sustain growth. The sector benefits from multiple drivers that would propel its growth in coming years. These include rising demand for infrastructure, robust and facilitative policy support, encouragement to exports, and competitive domestic market.

For the sake of highlighting the real activity in this sector, we, at Aurum, have classified this sector under four major industry components:

Auto & Auto Components

Building Products & Materials

Aerospace & Defence

Chemicals & Specialty Chemicals

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