9 min Read Sep 6, 2023
The Nifty India Manufacturing Index is a thematic benchmark maintained by NSE Indices Limited comprising companies across India's broad manufacturing ecosystem — spanning sectors including automobile and auto components, pharmaceuticals, chemicals, metals, capital goods, textiles, consumer durables, food processing, and engineering — designed to capture the performance of listed manufacturers on Indian exchanges. For investors and traders on Ventura Securities, the index serves as a strategic tool for gaining diversified, sector-specific exposure to India's Make in India growth story without stock-picking risk. It is tracked via ETFs and index funds and is particularly relevant in periods of industrial policy tailwinds and export-led economic expansion.
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