India's Manufacturing Not Declining, Just Late to Scale: Data Rebuts Rahul Gandhi's Claim

Opinion
N
News18•22-12-2025, 15:20
India's Manufacturing Not Declining, Just Late to Scale: Data Rebuts Rahul Gandhi's Claim
- •Rahul Gandhi's claim of declining Indian manufacturing, made in Germany, is challenged by available data.
- •India exported over 5 million vehicles in FY2023-24, a 20% year-on-year growth, positioning it among the world's largest auto exporters (SIAM).
- •Auto-component exports reached $21 billion in FY2023, with precision-engineered components going to major global markets (Ministry of Commerce & Industry).
- •IBEF projects India to be the third-largest global automobile industry by 2030, indicating sustained growth, not decline.
- •India's manufacturing growth is steady but late due to historical services-led policies and democratic processes, unlike authoritarian models.
Why It Matters: Indian manufacturing shows steady growth and export strength, refuting claims of decline despite historical policy choices.
✦
More like this
Loading more articles...





