Manufacturing Durable Goods Procurement Size Forecast, per Redseer Strategy Consultants, Aug 2026 (commissioned by a company).
Source: Redseer Strategy Consultants, Aug 2026 [1]
The global durable goods procurement and manufacturing market is undergoing digital transformation and supply chain diversification, favoring integrated manufacturing platforms. [2]
India's manufacturing procurement of durable goods is expanding from ₹ 9.42 trillion (₹ 942,000.00 crore) in FY2021 to ₹ 17.37 trillion (₹ 1,737,000.00 crore) in FY2026 and is projected to reach ₹ 37.54 to ₹ 42.57 trillion (₹ 3,754,000.00 to ₹ 4,257,000.00 crore) by FY2031. [1]
| Figure | Period | Value |
|---|---|---|
| India Manufacturing Durable Goods Procurement Size [1] | FY2026 | ₹17.37 lakh crore |
| India Manufacturing Durable Goods Procurement Size Forecast [1] | FY2031 | ₹40.05 lakh crore forecast |
| US Manufacturing Durable Goods Procurement Size [1] | FY2026 | ₹53.12 lakh crore |
| US Manufacturing Durable Goods Procurement Size Forecast [1] | FY2031 | ₹62.44 lakh crore forecast |
Supply chain diversification ('China+1'), government manufacturing incentives (PLI schemes), and growing demand for rapid prototyping and short-run production across renewable energy, EV components, consumer electronics, and defense drive adoption of integrated digital manufacturing platforms. [1]
Traditional manufacturing models are capital intensive and fragmented, while pure online marketplaces lack execution control for complex engineered components. [1]
| Topic | Figure | Period | Value |
|---|---|---|---|
| Market size and growth | India Manufacturing Durable Goods Procurement Size [1] | FY2026 | ₹17.37 lakh crore |
| Market size and growth | India Manufacturing Durable Goods Procurement Size Forecast [1] | FY2031 | ₹40.05 lakh crore forecast |
| Market size and growth | US Manufacturing Durable Goods Procurement Size [1] | FY2026 | ₹53.12 lakh crore |
| Market size and growth | US Manufacturing Durable Goods Procurement Size Forecast [1] | FY2031 | ₹62.44 lakh crore forecast |
Redseer Strategy Consultants projects ₹40.05 lakh crore by FY2031. Forecasts are the source's, not FinMinutes'.
Traditional manufacturing models are capital intensive and fragmented, while pure online marketplaces lack execution control for complex engineered components.
Built from 2 sources: 2 company-commissioned reports. Each figure carries its source number, which links to the full source list with dates and page references.
Figures are quoted from the sources listed above, with their dates and page references. They are not FinMinutes estimates and are not a recommendation about any security. All industries →