PIB digest for Wednesday, 4 November

Annual Survey of Industries 2024-25 Results Released

Ministry of Statistics & Programme Implementation · Economy · Posted 04 NOV 2026 4:00PM

What happened

The Ministry of Statistics and Programme Implementation released Volume I and Summary Results of the Factory Sector for the Annual Survey of Industries (ASI) 2024-25, highlighting notable growth in manufacturing GVA, capital investment, and employment.

Why it matters for UPSC

This release provides vital official economic data on India's industrial sector performance, supporting UPSC syllabus themes related to Indian Economy, industrial growth, manufacturing sector dynamics, and economic data collection mechanisms.

Key objectives

  1. The manufacturing corporate sector registered a Gross Value Added (GVA) growth of 9.28% over the previous year.
  2. The net value added per factory in operation increased by 6.59% over the previous year, while GVA per person engaged grew by 2.25%.
  3. Maharashtra, Gujarat, Tamil Nadu, Karnataka, and Uttar Pradesh emerged as the top five states in manufacturing GVA, accounting for over 54% of the country's total manufacturing GVA in 2024-25.
  4. Food products, textiles, basic metals, motor vehicles, and wearing apparel together contributed over 41% of total manufacturing employment in India during 2024-25.
Annual Survey of Industries 2024-25 Results Released | IAS Labs by Aptness.ai