Report
India’s formal manufacturing sector expands in 2024-25 as GVA rises 9.6%
ET Bureau reported that India’s Annual Survey of Industries, released by the statistics ministry, showed gains in manufacturing GVA, output, employment, invested capital, establishments and wages in 2024-25.
TLDR
India’s formal manufacturing sector expanded across output, value added, employment, capital and wages in 2024-25, according to Annual Survey of Industries figures released by the statistics ministry and reported by ET Bureau. The report said GVA rose 9.6% to ₹26.9 lakh crore, output increased 7.8% to ₹165.2 lakh crore, and the sector added 1.4 million workers, taking factory employment to about 21 million.
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