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Scaling up India's manufacturing ambitions

India's ambition to become a manufacturing hub is yet to fructify. But on-ground efforts by several states and companies are bearing fruit. Will these make India the world's next factory?
Scaling up India's manufacturing ambitions
BT India@100, Business Today’s special annual edition, is back and this time the spotlight is on India’s manufacturing ambitions. The BT India@100 2026 special issue, “India’s Manufacturing Surge”, explores the companies, states and districts driving the Make in India revolution, and asks whether manufacturing can become the foundation of a truly developed India by 2047. The issue takes a deep dive into India’s manufacturing ecosystem at a time when global supply chains are being redrawn and economic security is back at the centre of the conversation. While manufacturing’s share of GDP remains around 16%, new industrial clusters, expanding supply chains, rising exports and investments in sectors such as electronics and semiconductors point to a transformation on the ground. A BT-Deloitte India study identifies the companies leading India’s manufacturing transformation, including India Inc. titans such as ITC Chairman & MD Sanjiv Puri, Maruti Suzuki MD & CEO Hisashi Takeuchi and Jindal Power Chairman Naveen Jindal. BT Research maps the states at the forefront of the race, with Gujarat leading on several investment and export parameters, Uttar Pradesh emerging as a major challenger, and Tamil Nadu remaining a manufacturing powerhouse. The issue features Uttar Pradesh CM Yogi Adityanath, Gujarat CM Bhupendra Patel, Haryana CM Nayab Singh Saini, and Maharashtra CM Devendra Fadnavis, as it looks at the states powering India’s manufacturing rise. An analysis by How India Lives goes deeper into the districts powering production and exports, with 69 districts exporting more than $1 billion each in manufacturing goods in FY26. Also, discover the sectors and emerging manufacturing hubs shaping India’s next phase of growth, the reforms needed to make Indian factories globally competitive, and why India must chart its own manufacturing path rather than replicate China’s model. All this and more in the latest India@100 Special issue of Business Today Magazine. Out on stands now.
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India healthcare sector, private hospitals in India, healthcare industry growth, doctor entrepreneurs, hospital chains expansion, Manipal Healthcare, Max Healthcare, Medanta, Fortis Healthcare, Business Today Magazine cover story, healthcare investment India, future of healthcare in India
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India’s new billionaire class is rewriting the rules of wealth creation. Business Today’s latest issue, “The New Billionaires”, explores how a new generation of founders is building tomorrow’s businesses by leveraging technology, digital infrastructure and a rapidly evolving entrepreneurial ecosystem. The issue takes a deep dive into how founders are creating billion-dollar companies from scratch, powered by smartphones, affordable data, UPI, Aadhaar and venture capital. It examines the rise of next-generation businesses across fintech, consumer technology, education, mobility and SaaS, and how these entrepreneurs are compressing the journey from idea to scale. Featuring Prateek Maheshwari of Physics Wallah, Harshil Mathur of Razorpay and Ruchi Kalra of OfBusiness on the cover, the issue explores the ambition, innovation and strategies driving India’s new generation of business leaders. Also, discover how serial entrepreneurs are making their second innings, and how emerging space-tech startups are building for India’s next frontier. All this and more in the latest issue of Business Today Magazine. Out on stands now.
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India’s dairy sector is entering a transformative phase, driven by the nation’s position as the world’s largest milk producer and the growing emphasis on value-added products. This issue of Business Today magazine explores how the industry is shifting from volume-led growth to innovation-driven strategies, enabling companies like Amul, Mother Dairy, Nestlé India, Heritage Foods, and Country Delight to capture higher margins, expand product portfolios, and meet evolving consumer preferences. Take a deep dive into how India’s dairy sector’s opportunities and challenges in scaling production, maintaining quality, and using technology efficiently. Examining operational, financial, and regulatory aspects, the issue also focuses on the dairy sector’s role in boosting rural incomes, modernizing supply chains, and contributing to India Inc.’s growth. All this and more in the latest issue. Now on stands!
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Business Today's latest issue leads with Anil Agarwal's most ambitious India bet yet. After reshaping Vedanta into five independent listed companies, the mining billionaire is preparing to invest $20 billion over the next three to five years—largely through internal cash generation—in a bet that hinges on execution, commodity cycles and India's long-term demand for natural resources. Can the demerger unlock shareholder value, strengthen balance sheets, create focused sectoral champions and provide the financial flexibility required to power Vedanta's next phase of growth? The BT-C Fore Business Confidence Index explores the broader forces shaping corporate India—from breakthrough innovation in pharmaceuticals and the evolving financial health of India Inc. to boardroom sentiment in an uncertain global environment. As businesses navigate geopolitical risks, energy market volatility and slowing confidence despite resilient fundamentals, take a look at the opportunities and challenges that will define India's next phase of growth. All this and more in the latest issue. Now on stands!
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