A fast-read primer on India's broader manufacturing landscape — the backdrop against which we benchmark every company's cost structure in this category.
Manufacturing GVA growth picked up through the year, alongside record overall export performance.
Q1 FY26 → Q2 FY26
Q1 FY26 → Q2 FY26
Structural transformation, global hub ambitions, and heavy policy backing define this base.
A sample of the industry-wide and policy moves shaping the sector through early 2026.
Listed Indian Diversified companies in tDoBe's cost-benchmarking coverage.
The market facts above are public background. What follows is tDoBe's own work: every "Other Expenses" line from these companies' own financial records, read by hand and sorted into one clear set of categories — not a keyword search, not each company's own way of reporting it.
Each mark is one company's total Other Expenses as % of net revenue. No company is named here.
Ranked from biggest to smallest.
General overheads and distribution costs lead the list, though this sector's mix of unrelated businesses means no single pattern fits every company.
By definition, this sector groups together companies that don't fit cleanly into any other category — different industries, different cost drivers — so the spread here is wider than almost anywhere else we measure.
We use each company's own standalone financial records — not group numbers, not each company's own labels. Every cost line is read by hand and placed into one common set of categories, so every company is compared the same way.
This is the free, sector-wide view. It tells you where Diversified stands as a whole — not where your own company stands against it, category by category, in rupees.
A below-average number is a reason to call too — the benchmark keeps improving as we go.