Overview
- The Ministry of Statistics released the Annual Survey of Industries on Wednesday, September 30, 2026, reporting that total industrial employment rose to 2.10 crore from 1.96 crore in 2023-24 and the registered manufacturing workforce increased by about 1.4 million to roughly 21 million.
- Manufacturing output and value addition grew strongly with industrial output up about 7.8% to around Rs 165.2 lakh crore and manufacturing gross value added rising about 9.6% to roughly Rs 26.9 lakh crore in 2024-25.
- Capital formation and firm returns strengthened as invested capital increased about 11.1% to Rs 75.6 lakh crore and net profit rose to about Rs 11.55 lakh crore, showing more funds committed to factories and higher firm-level earnings.
- Total emoluments paid to registered factory workers climbed about 12.1% to near Rs 8.03 lakh crore, indicating rising wages alongside job growth and signaling firmer labour demand in the formal sector.
- Growth was highly concentrated geographically and sectorally: five states accounted for more than half of manufacturing GVA and employment, and five industries — basic metals, motor vehicles, chemicals, pharmaceuticals and food products — together contributed over 45% of manufacturing GVA.