The New Brazilian Industry (NIB) has laid the foundations for neo-industrialization and is already proving, with concrete results, that the revival of industry is progressing in the country. Launched in January 2024 by President Luiz Inácio Lula da Silva, NIB focuses on technological innovation and sustainability, with social commitment, the development of production chains and greater insertion of the Brazilian manufacturing industry in the foreign market.
Unlike previous policies and experiences, NIB presents an approach based on missions and major socio-economic issues, while being anchored in clear counterparts and objectives. A similar framework is adopted by countries such as Germany, South Korea and the United Kingdom, which have achieved great success in industrial development.
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Industrial policies generally require decades of maturation. It will be no different with NIB. However, almost two years after its launch, significant results can already be observed.
In 2024, industrial production increased by 3.1% in total and by 3.8% in manufacturing, the 6th best result in the G20. Highlight the sectors with greater technological intensity, with an expansion greater than 7%; for capital goods (9.1%); and consumer goods (3.5%). There has also been a 145% growth in jobs in the industry. In 2025, despite high interest rates and unilateral measures to increase tariffs on imports from the United States, physical production data shows that the industry has continued to grow. It is also worth highlighting the performance of manufacturing industry exports, with an increase of 2.7% in 2024. In 2025, until November, they will accumulate growth of 3.2%.
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None of this fell from the sky. The results are the result of robust, systematized measures, articulated and integrated with other public policies. A total of R$1.2 trillion in public investment is planned in the NIB for 2023-2026, which has already spurred announcements of R$2.8 trillion in private investment. In addition, one of the main instruments of the NIB, the Plan Mais Produção (2023-2026), has a set of credit lines totaling 643 billion reais from public banks focused on the industry. So far, R$588.4 billion has already been contracted for 406,000 projects related to the six NIB missions. For innovation alone, BNDES and Finep contributed, from January 2023 to September 2025, more than 60 billion reais. This is the largest sum in history for business innovation in the country.
Among NIB’s actions we highlight Mover, which promotes decarbonization and innovation in the automotive sector and has generated private investment announcements worth 190 billion reais, boosting production and sales. The Special Regime for the Chemical Industry (REIQ) has 24 ongoing projects, totaling 5.35 billion reais in investments; while the accelerated depreciation program stimulated 4.69 billion reais of investments in the renovation of the industrial park. The most productive Brazil increased MSME productivity by 28% and MSME energy efficiency by 19% between January 2024 and October 2025.
The discontinuity of industrial policies constitutes a major challenge in the neo-industrialization of Brazil. Hence the effort made by the NIB, based on broad social dialogue, to consolidate itself as state policy and not only as government policy. The Government is working with Congress to seek mechanisms that promote the sustainability of industrial policy, increasing the legal certainty of investments and institutionalizing a modern control system, capable of fully capturing the results of these measures, with greater transparency and predictability.
Uallace Moreira is Secretary of Industrial Development, Innovation, Trade and Services at the Ministry of Development, Industry, Trade and Services. José Luis Gordon is director of productive development, innovation and foreign trade at BNDES.
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