Government is aiming to establish India as global manufacturing hub through various policy measures and incentives to specific manufacturing sectors. Launched in 2014, the Make in India initiative aims to transform India into a manufacturing, design, and innovation hub. The initiative spans 27 sectors, supported by policies like PLI schemes, GST, corporate tax reduction, and ease of doing business reforms. The One District One Product (ODOP) initiative promotes regional development by highlighting unique products from each district, fostering socio-economic growth. In this paper we have taken quarterly and yearly data of Manufacturing Sector 2012-13 to 2023-24 from Ministry of Statistics and Programme Implementation. In this paper we have seen the growth rate on yearly basis, CAGR, trend analysis and performance of Manufacturing Sector in pre and post-pandemic period. Is there any fluctuations in the growth rate of this sector during pre and post pandemic or any type of pattern?
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Kumar et al. (2024) studied this question.
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