• Growth rate of industry in 2003-04 was 6.9% and manufacturing registered growth of 7.2%.
• Diversified and large industrial base, which is becoming globally competitive.
• India's Hero Honda is the world's largest motorcycle manufacturer. India is one of the largest markets for motorcycles. Honda and Kawasaki have made India as their global export hub.
• Indian automobiles, auto parts, metals, chemicals, pharmaceuticals and electronics companies have drawn up ambitious plans for expanding and diversifying their manufacturing activities with about $12 billion in the next three years.
• The pharma industry's turnover is expected to increase to US$ 12 billion by 2008.
• The pharma industry of India has become a knowledge-based one and has gained global recognition as a producer of low cost high quality bulk drugs and formulations. India is one of the top ten producers of bulk drugs in the world and 60% of India's bulk drugs production is exported. India has the highest number of annual bulk drugs filings (120) with USFDA accounting for one-fifth of the total. India is home to the largest number of pharma plants (61) approved by USFDA outside US. Indian Pharma companies are expected to get a revenue of US$ 2.17 billion by 2008 (from 554 million dollars in 2003) in the US generics market. Pharma exports of India reached about 2 billion US$ in 2003-2004.
• The chemical industry is becoming competitive and has very high growth potential for production for local market as well as exports. Bayer AG, the German chemical and pharmaceutical company has identified India as the outsourcing hub for basic and specialty chemicals.
• There are 150 biotechnology companies whose business is growing exponentially.
• The auto parts industry has emerged as one of the country's fastest-growing manufacturing sectors and a globally competitive one with a turnover of US$ 5.1 billion in 2002. This is expected to reach US$ 6.5 billion in 2005. 'Bharat Forge' of India is the world's largest manufacturer of front axles for trucks. India has emerged as an outsourcing center for auto parts for companies such as Ford, Daimler Chrysler, Fiat Volvo and Renault. Visteon and Delphi, the world's largest component manufacturers have entered India for production. Toyota has made India as the global hub for transmission systems. Volvo and GM have set up purchasing offices. A rising share of Indian auto parts exports goes to original equipment manufacturers (OEMs).
• The textile industry of India, the second largest in the world, is undergoing modernization and is set to benefit from the dismantling of quota system in 2005. According to a DHL-Mckinsey Study of 2004, India's share in world textile will go up from 4 per as of now to 6.5 per cent by 2008.
• India is the second largest cement producer in the world with 110 million tons.
• India is the world's premier center for diamond cutting and polishing. Nine out of every 10 stones sold in the world pass through India.
• India has a large entertainment industry, which produces 800 movies per year overshadowing Hollywood. The turnover is expected to reach US$ 6.7 Billion in 2005 from US$ 5.7 billion in 2002.

Ministry of External Affairs - http://www.indiainbusiness.nic.in/

Department of Industrial Policy & Promotion - http://dipp.nic.in/

Ministry of Heavy Industries - http://dhi.nic.in/

Ministry of Small Scale Industries - http://ssi.nic.in/

Industrial Development Bank of India - http://www.idbi.com/

National Small Industries Corporation Limited - http://www.nsicindia.com/working/index.asp