Manufacturing in Victoria has grown for 12 consecutive months according to data from the Australian Industry Group, demonstrating the sector’s impressive strength and compelling future ahead.
This growth comes as the sector continues a major transition following the end of passenger vehicle manufacturing in Victoria.
This ability to adapt and deliver a strong performance reflects the resilience of the sector and the positive effects of government programs like the Future Industries Manufacturing Program and the Local Industry Fund for Transition.
These programs have delivered A$100 million in manufacturing support, creating over 3,500 jobs and driving more than A$1.2 billion in private investment.
The Victorian Government’s blueprint for manufacturing sets a clear vision for the future, showcasing its existing advanced manufacturing capabilities and outlining ways to continue to grow.
Here are some quick facts about manufacturing in Victoria:
- Contributes A$27.7 billion to the Victorian economy
- Made up of more than 13,000 businesses
- Victoria’s fourth largest employer with more than 286,000 people, an increase of more than 20,000 over the last two years.
- Exports A$17.9 billion worth of goods.
