section_path: Economy/Present-day economy/Industry
section_name: Industry
paragraph_text: Industry
  
  As an industrial centre Madrid retains its advantages in infrastructure, as a transport hub, and as the location of headquarters of many companies. Industries based on advanced technology are acquiring much more importance here than in the rest of Spain.: 271 Industry contributed 7.5% to Madrid's value-added in 2010.: 265 However, industry has slowly declined within the city boundaries as more industry has moved outward to the periphery. Industrial Gross Value Added grew by 4.3% in the period 2003–2005, but decreased by 10% during 2008–2010.: 271, 274 The leading industries were: paper, printing & publishing, 28.8%; energy & mining, 19.7%; vehicles & transport equipment, 12.9%; electrical and electronic, 10.3%; foodstuffs, 9.6%; clothing, footwear & textiles, 8.3%; chemical, 7.9%; industrial machinery, 7.3%.: 266
  
  The PSA Peugeot Citroën plant is located in Villaverde district.