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Supply-chain shifts, policy push fuel India’s manufacturing startup boom

Supply-chain shifts, policy push fuel India’s manufacturing startup boom

·Excerpt
Supply-chain shifts, policy push fuel India’s manufacturing startup boom
Image: Scimplify’s revenue surged more than 11-fold from ₹18.3 crore in FY24 to ₹204.3 crore in FY25.

New Delhi: Driven by Covid-related supply-chain disruptions and rising protectionism among major economies, India's push to strengthen domestic manufacturing appears to be paying off.India's manufacturing startups have seen a surge in investor interest and a sharp rise in revenue as the country steps up efforts to boost domestic manufacturing, with funding jumping from $164 million in 2020 when the pandemic arrived to $1.92 billion so far in 2026, according to data platform Venture Intelligence. At the same time, startups such…

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