ABOUT US

Awfficacy was born out of the sheer passion and purpose to become an integral part of the mission to support India's dream of becoming a global manufacturing hub and a powerhouse o... read more

12+

Sectors

15000+

(INR) crores investments
committed by our clients

120+

Applications Filed

Government incentives

Pharmaceuticals

Speciality steel

Drone & Drone Components

High Efficiency solar PV Modules

Telecom & Networking

Textile & Apparel

Auto & Auto components

White Goods

Food Processing

Make in India Advisory

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.

15

Million tonnes (FY21) - Total Crude Steel Production

14

million tonnes (FY21) - Consumption of Finished Steel

11

Kgs (FY22) - Per Capita Consumption of Steel

2

US$ million tonnes - Finished Steel Export

Ministry - Ministry of Steel

Incentive Outlay - INR 6322 cr

Make in India Advisory

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.

9

cr - Annual Sales Turnover

138

cr INR (FY24)-Projected Annual Sales Turnover

Ministry- Ministry of Civil Aviation

Incentive Outlay- INR 120 cr

Make in India Advisory

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%.

153

+GW - Renewable energy potential in India

24

GW - Installed renewable energy capacity (as of May 2022)

6

% Share in total installed capacity

Ministry- Ministry of New and Renewable Energy

Incentive Outlay- INR 4,500 cr (Tranche I), INR 19,500 cr (Tranche II)

Make in India Advisory

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.

35

% - Internet Connections Growth (2014-2021)

0

Mn- Total employment

1

Mn - Active 5G Devices in India

15

No. of Smart Cities

Ministry- Ministry of Telecommunication

Incentive Outlay- INR 12,195 Cr

Make in India Advisory

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.

4

Trained Artisan

25

Energy Intensive Textile Units

4

Functional Textile Parks

Ministry- Ministry of Textiles

Incentive Outlay- INR 10,683 Cr

Make in India Advisory

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.

0

Share in India's GDP

0

Mn- Employment Generated

0

% - CAGR (over 6 years)

2

$ Bn - Auto Component Export

Ministry- Ministry of Heavy Industries and Public Enterprises

Incentive Outlay- INR 25,938 Cr

Make in India Advisory

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.

15

% - FDI Permitted

2

US$ Bn - Industry Size

3

US$ Bn - Estimated Market Size

Ministry- Ministry of Commerce & Industry (Department for Promotion of Industry and Internal Trade)

Incentive Outlay- INR 6238 Crores

Make in India Advisory

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.

2

% share of GVA of agriculture and allied sector to total economy

1

%- Share in total employment

1

% - Share in India's exports

20

% - Cropping intensity

Ministry- Ministry of Food Processing Industries

Incentive Outlay- INR 10,900 Cr

OUR REACH


Gujarat

The state is the world's largest producer of processed diamonds, accounting for 72% of the world's processed diamond share and 80% of India's diamond exports.

Gujarat is considered the petroleum capital of India due to presence of large refining capacity set up by private and public sector companies.

GSDP- US$ 288.73 billion

in FY23

7.06 crores

Population

78.03%

Literacy rate

193,063

Geographical Area (sq km)

US$ 65,248.53 million

Exports in FY 2022-23 (until August 2022)

36,842.98 million

Petroleum product exports in FY22

US$ 2,824.55 million

Export of drug in FY22

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OUR REACH


Tamilnadu

Tamil Nadu has a diversified manufacturing sector and features among the leaders in several industries such as automobiles, pharmaceuticals, textiles, leather products, chemicals, among others. It is also home to the highest number of factories in India - 38,800 unit.

It is situated at the South-Eastern extremity of the Indian Peninsula. The state is bounded on the north by Karnataka and Andhra Pradesh, on the west by Kerala, on the east by the Bay of Bengal, and on the South by the Indian Ocean. Tamil Nadu has a well-developed infrastructure with an excellent road and rail network and seven airports. The state's coastline of 1,076 km is the second-longest in India and has 4 major ports.

14.6%

GDP Growth(2021-22)

76.48 Million

Population

80.09%

Literacy rate

130,058

Geographical Area (sq km)

50

SEZs (Operational)

38,837

No of Factories

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OUR REACH


Jammu & Kashmir

Jammu and Kashmir (J&K) is a Union Territory (UT) of India, located in the country's northern part and a global tourist destination. In addition to traditional recreational tourism, vast scope exists for adventure, pilgrimage, spiritual, and health tourism. J&K has agro-climatic conditions best suited for horticulture and floriculture.

J&K is home to the world's finest Bivoltine silk and Pashmina wool with the Handloom sector employing about 43,000 weavers across the UT. Major handicraft items include Carpets, Paper Mache, and Shawls. Jammu & Kashmir is India's largest apple grower, with 1.72 Mn Tonnes produced in FY22, accounting for 70.54 % of overall output.

.51%

GSDP Growth

13.64 Millions

Population (2022/23)

68.7%

Literacy rate

222,236

Geographical Area (sq km)

US$ 0.7763 million

FDI inflow- between October 2019-June 2022.

US$ 89.77 million

Exports in FY 2022-23 (until August 2022)

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OUR REACH


Karnataka

Karnataka is one of the most industrialized states in India, with a strong focus on manufacturing and IT. The state has a large and skilled workforce, a supportive infrastructure, and a favourable business environment.

The state's industrial outlook is positive, with a number of key sectors expected to grow in the coming years. The state is a major manufacturing hub, with a strong presence in sectors such as automobiles, aerospace, electronics, and textiles. Karnataka is a leading IT destination in India, with a large and skilled workforce. The state is home to a number of multinational IT companies, as well as a number of domestic IT firms. Karnataka is also a popular tourist destination, with a number of historical and cultural sites.

$220 billion

GDP: (2022)

60 million

Population (2022)

75%

Literacy rate

$10 billion

FDI (2022)

10

Number of unicorns (2022)

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OUR REACH


Kerala

Kerala is a state in India located on the Malabar Coast of southwestern India. It is bordered by Karnataka to the north, Tamil Nadu to the east, and the Lakshadweep Sea to the west. The capital of Kerala is Thiruvananthapuram.

The state has a long coastline and is known for its beautiful beaches, backwaters, and hills. Kerala is also known for its rich culture and heritage. Kerala was rated as the top favourite tourist destination among foreign travellers in 2018 according to a BBC Travel survey

Rs. 999,643 crore

GSDP: (2022-23)

35 million

Population (2022)

94.6%

Literacy rate

38,863

Geographical Area (sq km)

US$ 645.86 million

FDI inflow- between October 2019-June 2022.

US$ 1,855.34 million

Exports- FY 2022-23 (until August 2022)

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OUR REACH


Madhya Pradesh

Madhya Pradesh is located in central India. The state is bound on the north by Uttar Pradesh, on the east by Chhattisgarh, on the south by Maharashtra, and on the west by Gujarat and Rajasthan. It is among the fastest growing states in the country.

Madhya Pradesh is rich in natural resources - fuel, minerals, agriculture, and biodiversity. It is also the only diamond producing state in the country. Diamond production in the state stood at 38,437 carats in 2018-19.

US$ 150.74 billion)

GSDP: (2022-23)

82.34 million

Population (2022)

70.6%

Literacy rate

308,000

Geographical Area (sq km)

US$ 508.98 million

FDI inflow- between October 2019-June 2022.

US$ 3,770.08 million

Exports- FY 2022-23 (until August 2022)

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OUR REACH


Telangana

Telangana is a state in southern India. It was formed in 2014 by the bifurcation of the state of Andhra Pradesh. Telangana has a population of over 35 million people and a Gross State Domestic Product (GSDP) of over Rs.13 lakh crore. The state's capital is Hyderabad, which is also the largest city in Telangana.

The industrial outlook of Telangana is positive. The state has a number of advantages, including a skilled workforce, a favorable investment climate, and a strategic location. Telangana is also home to a number of major industries, including information technology, manufacturing, and pharmaceuticals

Rs.13 lakh crore

GSDP

35 million

Population (2022)

66.5%

Literacy rate

US$ 3,994 million

FDI inflow

35

Operational SEZs

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OUR REACH


Uttar Pradesh

With a rich resource base, UP is country's 3rd largest economy, contributing nearly 8% to national GDP. The state has India's largest consumer base with population size of nearly 24 Cr. UP has a major advantage of demographic dividend (56% of its population size under working age group), which will be a key driver for future growth.

Uttar Pradesh is now proudly placed 2nd on the EoDB rankings under the Business Reforms Action Plan of the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry, Government of India. The remarkable jump of 10 positions in ease of doing business rankings over the last 3 years clearly explains the tremendous efforts put in by the Govt of UP to readily transform the investment climate in the State.

US$ 248.66 billion

GSDP: (2022-23)

243.4 million

Population (2022)

67.68%

Literacy rate

240,928

Geographical Area (sq km)

US$ $1.5 billion

Foreign direct investment (FDI)(2021-22)

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