India Manufacturing ERP Market Growth and Recent Trends by 2027

Historic Data: 2016-2017 | Base Year: 2018 | Forecast Period: 2019-2027

India Manufacturing ERP Market to 2027 - Country Analysis and Forecasts by Deployment Model (On-premises, and Cloud ); End-user Industry (Automotive, Consumer Electronics, Metallurgy, Pharmaceuticals, Energy, Food & Beverage, Chemicals, Retail & Garments, and Others)

Report Date : Dec 2019
Report Code : TIPRE00007900

Category : Technology, Media and Telecommunications
Status : Published

Available Report Formats :
No. of Pages : 94

Page Updated: Jan 2023

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The India Manufacturing ERP market accounted to US$ 262.7 Mn in 2018 and is expected to grow at a CAGR of 11.9% during the forecast period 2019 – 2027, to account to US$ 712.7 Mn by 2027.

India has the fastest growing economy, which has created intense competition with the country’s exposure to advanced technology, has necessitated the implementation of ERP solutions across various industries for streamlining different processes of operation, finance, and alignment of resources is increasing. The growing implementation and usage of technology and automation in the manufacturing sector and stringent regulatory compliances and growing need for its adherence are two of the major factors responsible for the growth of India Manufacturing ERP market. The Indian market comprises around 60% of the SME companies who already adopted these manufacturing ERP solutions that are attributed to the low-cost manufacturing ERP solutions as well as the availability of a considerable number of skilled technical and functional talent. There are various benefits of using ERP solutions such as reduced manufacturing cycle time, reduced inventory, reduced error in ordering reduced planning cycle time, reduced requirement of manpower, better utilization of resources, increased customer satisfaction, enable faster response to changing market situations, and enables outreach. Thus, due to the increasing number of SMEs leads to propel the growth of the India Manufacturing ERP market. Consequently, presenting tremendous opportunities for the rise in the business of India Manufacturing ERP market players.

Market Insights

Growing implementation and usage of technology and automation in the manufacturing sector propel the India Manufacturing ERP market

In the current business settings, almost everything in the end-to-end industrial and manufacturing environment is becoming intelligent, smart, and connected. There are new forms of discrete and process manufacturing, sensors, connected objects and smart machines that are emerging, and changing the ecosystem of how exchange and collaboration between people, machines, data, and technologies were done earlier. Today’s digital plant of smart manufacturing heavily relies on collecting, sorting, and analyzing the data and information, and turning them into business values, this increased demand is expected to fuel the growth of India Manufacturing ERP market.

High upfront costs involved in the implementation and up gradation may restrain the future growth of the India Manufacturing ERP market

Enterprises across the globe, especially Small and Medium-Sized enterprises are quite skeptical in investing in any new software or solutions, as it involves a high initial CAPEX and cost associated with its constant up-gradation and maintenance in the later part, due to their budget constraints. SMEs is no exception in this list, and it’s obvious that new enterprises are a bit hesitant in adopting this solution.

Enterprises that want to adopt ERP solutions need to be well educated and informed by solution providers in advance, about the intricacies of its implementations, such as the cost associated with the software license and its renewal, maintenance, service charges, training and consulting among others. Thus, these factors may hinder the growth of the India Manufacturing ERP market.

Deployment Model Segment Insights

Speed has become an essential competitive differentiator in the present market scenario, and the companies investing in new solutions expect to see the results quickly. The cloud-based manufacturing ERPs are best suited for small and midsize enterprise businesses, which has lower upfront costs, ease of access, and system stability. Cloud service is used for offering high service accessibility at minimum costs, as well as many organizations are taking advantage of cloud service to offers services and storing critical data, thus, creating a massive demand for manufacturing ERP across different sector. Thus, anticipated to create significant market space for India Manufacturing ERP market players.

End-User Industry Segment Insights

The India Manufacturing ERP market on the basis of end-user industry is segmented into automotive, consumer electronics, metallurgy, pharmaceuticals, energy, food & beverage, chemicals, retail & garments, and others. The food & beverages segment led the India Manufacturing ERP market, by offerings and is anticipated to continue its dominance during the forecast period. With the growing consumer choice, and demand for high quality fresh, chilled as well as frozen products, the F&B industry is demanding manufacturing ERP solution to streamline the overall process which varies from selecting the products to packaging and dispatching are the major factor driving the revenue generation of the end-user industry segment in the India Manufacturing ERP market.

India Manufacturing ERP Market by Deployment Model

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India Manufacturing ERP Market: Strategic Insights

India Manufacturing ERP Market

Market Size 2018
US$ 262.7 Million

Market Size 2027
US$ 712.7 Million

Market Dynamics

GROWTH DRIVERS
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FUTURE TRENDS
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OPPORTUNITIES
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Regional Overview

India

Market Segmentation

Deployment Model

On-premises
Cloud

End-user Industry

Automotive
Consumer Electronics
Metallurgy
Pharmaceuticals
Energy
Food & Beverage
Chemicals
Retail & Garments

Get Top Key Market Trends of this report.
This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

India Manufacturing ERP MarketReport Scope

India Manufacturing ERP Market Report Scope

Report Attribute	Details
Market size in 2018	US$ 262.7 Million
Market Size by 2027	US$ 712.7 Million
Global CAGR (2019 - 2027)	11.9%
Historical Data	2016-2017
Forecast period	2019-2027
Segments Covered	By Deployment Model On-premises Cloud By End-user Industry Automotive Consumer Electronics Metallurgy Pharmaceuticals Energy Food & Beverage Chemicals Retail & Garments
Regions and Countries Covered	India India
Market leaders and key company profiles	CBO Infotech Pvt. Ltd. CRIMS (Unicode Solutions) Gamut Infosystems Ltd. SAP SE Netsoft Solutions India Private Limited Teknovative Solution Epicor Software Corporation Oracle Corporation The Sage Group plc

Frequently Asked Questions

What are market opportunities for manufacturing ERP market?

The ERP is often and easily integrated with other solutions such as supply chain management solution, MES solutions, product lifecycle management solutions, and other IT systems. This ease in integration provided by ERP solution provides immense opportunities to end-users to improve overall supply chain visibility, regulatory compliance, customer satisfaction, agility and time to market, machine utilization and foster energy efficiency and sustainable production. For instance, ERP systems can directly pull data from database, and share the analysed data directly with key stake holders, with minimum human intervention. The data can be further analysed for examining the outcomes of business.

Which end-user industry most commonly use manufacturing ERP?

Food & beverage led the market in 2018 and is expected to continue its dominance during the forecast period. With the growing consumer choice, and demand for high quality fresh, chilled as well as frozen products, the F&B industry is demanding manufacturing ERP solution to streamline the overall process which varies from selecting the products to packaging and dispatching.

Which deployment model has the highest demand for manufacturing ERP?

Cloud based deployment held the major market share of manufacturing ERP market in 2018. The cloud is more extensive when compared to on-premise deployment, owing to which enterprise linked with cloud are benefitted with continuous, on-demand scalability. The cloud-based manufacturing ERPs are best suited for small and midsize enterprise businesses, which has lower upfront costs, ease of access, and system stability. Cloud service is used for offering high service accessibility at minimum costs, as well as many organizations are taking advantage of cloud service to offers services and storing critical data, thus, creating a massive demand for manufacturing ERP across different sectors.

Research Manager

Ankita Mittal

Manager,
Market Research & Consulting

Ankita is a dynamic market research and consulting professional with over 8 years of experience across the technology, media, ICT, and electronics & semiconductor sectors. She has successfully led and delivered 100+ consulting and research assignments for global clients such as Microsoft, Oracle, NEC Corporation, SAP, KPMG, and Expeditors International. Her core competencies include market assessment, data analysis, forecasting, strategy formulation, competitive intelligence, and report writing.

Ankita is adept at handling complete project cycles—from pre-sales proposal design and client discussions to post-sales delivery of actionable insights. She is skilled in managing cross-functional teams, structuring complex research modules, and aligning solutions with client-specific business goals. Her excellent communication, leadership, and presentation abilities have enabled her to consistently deliver value-driven outcomes in fast-paced and evolving market environments.

What are the India Manufacturing ERP Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

India Manufacturing ERP Market Report Snapshots

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