Industry-Specific Information – Key Economic Sectors in India
India has a diverse and dynamic economy with strongly growing industries. Here is an overview of the most important sectors (as of January 2026), including their significance, growth potential, and opportunities for European companies. Switzerland Green Energy GmbH summarizes the relevant data in a practical way.
IT & Services The largest sector (approximately 8–10 % of GDP, exports over 200 billion USD). India is the global leader in software, IT services, and AI. Growth is driven by Global Capability Centres and digitalization. Opportunities: Partnerships in cloud computing, AI, and cybersecurity.
Pharma & Healthcare India is the “pharmacy of the world” (20 % of global generics market share, exports approx. 25–30 billion USD). Strong growth in biotech, medical technology, and clinical research. Market volume expected to reach 130–140 billion USD by 2030. Opportunities: Collaborations in R&D and export of specialty pharmaceuticals.
Manufacturing & Electronics Approximately 27–30 % of GDP, boosted by “Make in India” and PLI programs. The electronics market is on track to reach 300 billion USD by 2026. Strong increases in automotive components, mechanical engineering, and consumer goods. Opportunities: Supply chain diversification (“China+1” strategy).
Automotive & Electric Mobility High-growth sector with a focus on EVs and components. Strong demand driven by urbanization and incentives (FAME, PLI). Opportunities: Export of technologies and joint ventures in battery and charging infrastructure.
Fintech & Digital Economy Fastest-growing sector: UPI transactions are exploding, with the market heading toward 10 trillion USD by 2026. Opportunities: Payment systems, insurtech, and banking software.
Infrastructure & Construction Massive investments in roads, ports, airports, and smart cities. Strong growth fueled by government CAPEX. Opportunities: Engineering, materials, and project management.
Consumer Goods & Retail (FMCG) Driven by a growing middle class and rural revival. E-commerce is booming (market expected to reach 325 billion USD by 2030). Opportunities: Brand exports and distribution partnerships.
Other Promising Sectors
- Defense & Aerospace: Massive orders and localization requirements.
- Textiles & Apparel: Traditional export strength.
- Food Processing: High potential due to agricultural surpluses.
India is diversifying its economy and benefiting from global trends such as digitalization and supply-chain shifts – ideal for European expertise.
Interested in a detailed sector analysis? Contact us for a tailored assessment of your opportunities in a specific industry.