i. The Indian steel industry is a major contributor to the country's manufacturing output. It is the second-largest producer of crude steel in the world, with a production of 133.596 MT in FY22. The growth of the Indian steel industry has been driven by the domestic availability of raw materials such as iron ore and cost-effective labor. The Indian steel industry is modern, with state-of-the-art steel mills. It has always strived for continuous modernization of older plants and up-gradation to higher energy efficiency levels.

The county is all set to welcome the future of aerial technology, where unmanned aircraft are revolutionizing industries and opening up new possibilities. India, with its rich history of innovation and technological prowess, is emerging as a global hub for drones. In this section, we delve into the exciting world of the Indian drone industry, exploring its growth, potential, and the government initiatives propelling it forward.

India has set ambitious goals for its energy transition, aiming to achieve 500 GW of non-fossil fuel-based electricity installed capacity by 2030. This would ensure that clean, non-fossil fuel sources make up 50% of the country's energy mix. The generation of electricity from renewable sources such as solar, wind, hydro, and biopower has witnessed significant growth, increasing from 193.5 billion units in 2013-14 to 306.3 billion units in 2020-21, with a compound annual growth rate (CAGR) of 6.8%.

India's telecommunications market has experienced remarkable growth, becoming the world's second largest with an impressive subscriber base of 1,170.38 million as of December 2022. The government's visionary policies have played a vital role in this progress, providing easy market access to advanced telecom equipment and establishing a fair regulatory framework. With affordable prices and increased connectivity, telecom services have become accessible to all, contributing to India's economic development.

India's apparel and textile industry contributes around 2% to the country's GDP and represents 7% of industry output. It is the 3rd largest exporter globally, with textile, apparel, and handicrafts accounting for 11.4% of total exports in 2020-21. India is a major producer of cotton, jute, silk, and hand-woven fabric, employing around 45 million people directly and supporting 100 million in allied industries.

The Indian auto component industry has achieved remarkable growth in the fiscal year 2021-22, with its highest-ever turnover of $6.5 billion, reflecting a significant 23% increase. This growth can be attributed to the increasing presence of global automobile Original Equipment Manufacturers (OEMs) in India, which has led to a substantial localization of their components within the country.

The white goods industry consists of air conditioners, refrigerators, washing machines and dryers, dishwashers, and LED Lights. The White Goods industry in India reached USD 13.6 Bn in FY21. Out of this, the largest market share is comprised of Air Conditioners, Refrigerators and LED products. The White Goods market is estimated to cross USD 21 Bn by 2025 expanding at a CAGR of 11%. Domestic manufacturing contributes nearly USD 4.6 Bn on an average to this industry.

India's food processing sector is a burgeoning industry that presents attractive investment opportunities. The government, through the Ministry of Food Processing Industries (MoFPI), is actively promoting growth and development in this sector. Initiatives such as the Pradhan Mantri Kisan Sampada Yojana (PMKSY) focus on building modern infrastructure and efficient supply chains from farm to retail.