The figures shown are illustrative and represent a historical sample from Intratec Industry Economics Worldwide. For up-to-date monthly data on key factors impacting the costs of commodity manufacturing across up to 33 countries, subscribe to Intratec Industry Economics Worldwide.
Data Use
The monthly IC indexes series measure the change in the average cost at which a plant is constructed. All available IC indexes series start back in January 2000 (base period) when the indexes are set at 100 (base value). IC indexes and key manufacturing cost factors in India and up to 32 other countries are provided with the annual subscription to Intratec Industry Economics & Competitiveness. To better understand data provided check Industry Economics & Competitiveness Methodology .
Data Delivery Methods
IC Indexes are available via different delivery methods:
- Online charts
- Directly into Excel (using Intratec Add-in)
- Power BI dashboards
- Web API (to facilitate integration with existing workflows)
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About IC Indexes
IC Indexes are based on a robust methodology, which involves gathering and processing a huge amount of data from several countries. The index reconciles prices trends of fundamental components of an industrial plant construction such as labor, material and energy, providing meaningful historical and forecast data for users.
IC Indexes are straightforward, handy tools for a series of purposes, like capex estimation, feasibility studies and investment analysis. Intratec Plant Construction Indexes cover as many as 33 countries, and are suitable for industrial plants from several sectors, spanning the fields of Oil & Energy, Fertilizers & Gases, Olefins & Derivatives, Aromatics & Derivatives, Alcohols & Organic Acids, Inorganic Chemicals, Polymers, Food & Nutrition, Metals & Mining, Pharmaceuticals and Water & Utilities.
About India Manufacturing Industry
India's economy is one of the largest and fastest-growing in the world, characterized by a diverse industrial base that plays a critical role in both national and global markets. Known for its rich cultural heritage and a young, dynamic workforce, India excels in various sectors, including information technology, textiles, automotive, and pharmaceuticals. The manufacturing sector is a significant contributor to India's GDP, generating substantial employment opportunities and driving economic growth.
The Indian manufacturing industry is recognized for its focus on innovation and quality production. With a vast infrastructure network and increasing investments in technology, India is enhancing its manufacturing capabilities across multiple sectors. The automotive industry, in particular, has seen remarkable growth, supported by a robust supply chain and rising domestic demand.
As India navigates global economic challenges, such as sustainability and digital transformation, its manufacturing sector remains a cornerstone of economic resilience. The country is prioritizing investments in green technologies and smart manufacturing practices, reinforcing its position as a leader in sustainable industrial development. With a strong emphasis on innovation and skill development, India is well-equipped to continue its ascent as a key player in the global manufacturing landscape for years to come.
