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Cover image for Business Today

Business Today

Sep 13 2026
Magazine

A leading business magazine read by the business leaders for staying ahead and managing challenges that comes right away in the ever changing world of business.

How India Makes

Business Today

BUILDING INDIA • India’s manufacturing sector has strengthened considerably over the past few years, with sales and profits more than doubling since FY19. Debt increased, but equity grew faster, bringing down leverage. This has translated into strong market performance, with several manufacturing linked sectoral indices outperforming the Nifty 50.

‘‘Gujarat Offers What Matters Most: Speed, Scale, and Certainty” • Gujarat Chief Minister Bhupendra Patel on what is powering the state’s manufacturing boom, the opportunity from shifting global supply chains, focus on next-generation industries, and why governance, not incentives alone, will determine who wins the investment race

‘‘We Are Backing Our Ambition With a $100-bn Infra Push” • Mahatashtra Chief Minister Devendra Fadnavis on steps to drive the next phase of growth, plans to target billions of dollars in new investment, and more

‘‘Want Infra To Extend Beyond Traditional NCR Locations” • Haryana Chief Minister Nayab Singh Saini on creation of high-quality jobs, promoting MSMEs, and why it makes sense to look beyond NCR districts for setting up industries

MANUFACTURING INDIA’S MOMENT • 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?

“For higher productivity, we also need better labour regulations” • Rakesh Mohan, Part Time Member of EAC-PM and former Deputy Governor, RBI, says India needs to be more export oriented, produce at a much higher scale, and focus on quality

HOW WE DID IT • The methodology behind the ranking of India’s Top 10 manufacturing states

CHOOSING THE CHAMPION STATES • How we arrived at India’s top-performing manufacturing states and assessed the strength of their manufacturing ecosystem

THE 10-YEAR STORY • States that have written India’s manufacturing destiny in the last decade

THE 5-YEAR STORY • States that have written India’s manufacturing destiny in the last five years

THE GROWTH GIANT • Gujarat always had a strong manufacturing base in chemicals, pharmaceuticals, oil refining and tiles. Now, the state is attracting massive investments in areas like automobiles, electronics, renewable energy, ports and even ship building

THE GROWTH POWERHOUSE • Tamil Nadu continues to lead with the largest number of factories and manufacturing workers but new contenders, including UP, Haryana and Chhattisgarh, are also coming up

ROAD TO INFRA BOOM • Good quality infrastructure is a precondition for investments. Capex is not just a priority of the Centre. States like UP, Bihar, and Assam are taking it forward

THE CHIEF MARKETER • How states are competing for industrial investment, and reshaping India’s manufacturing map through infrastructure, incentives, and easier business rules

UP Is Getting a New Identity as India’s Growth Engine • Minister for Industries Nand Gopal Gupta on how the state worked on areas such as labour regulation and land administration to make the state business-friendly

Talent is Telangana’s Greatest Advantage • D. Sridhar Babu, Minister for Information Technology, Electronics, Communications, Industries & Commerce and Legislative Affairs, Telangana, on the state’s manufacturing prowess, its position as a global GCC hub, and more

Next Phase of TN’s Growth is About Creating Value Over Volume • TN’s Minister for Industries S. Keerthana on how the state is preparing for the next decade of global manufacturing

Punjab To Be Part of Electronics Supply...

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