Summary
Over twelve years the programme expanded to cover twenty‑seven sectors, including both manufacturing and service industries.
Key growth indicators show a compound annual growth rate of about eleven percent in manufacturing value added between 2022‑23 and 2025‑26.
Electronics output rose nearly seven‑fold, mobile phone production grew thirty‑three times, and India now ranks as the world’s second‑largest phone maker by volume.
Vehicle production increased by thirty‑three percent, while the pharmaceutical sector became the third largest worldwide by volume and the eleventh by value.
Advanced technologies such as rare‑earth permanent magnets, indigenous microprocessors and solar‑module factories have been developed domestically.
The initiative also attracted large foreign direct investment, simplified approvals through a national single window system, and created more than fourteen lakh jobs.