The Ministry of Statistics and Programme Implementation (MoSPI) on Wednesday (November 4, 2026) disseminated the detailed publications of the Annual Survey of Industries (ASI) 2024-25 — Volume I and the Summary Results of the Factory Sector — along with the unit-level data and metadata of the survey, the Press Information Bureau (PIB) said in a release issued at 4 pm in New Delhi. The ASI results cover the reference period April 2024 to March 2025 (financial year 2024-25); headline results had earlier been released through a factsheet on September 30, 2026, and the detailed volumes now add the full industry, state and factory-size breakdowns.
Source: PIB via Technology For You
The manufacturing corporate sector registered gross value added (GVA) growth of 9.28 per cent over the previous year, ANI reported. The corporate sector accounts for more than 89 per cent of total GVA in the survey, and within it the number of factories in operation grew 3.45 per cent while total persons engaged rose 7.57 per cent, the PIB release said. Across the registered manufacturing sector, the gross value of plant and machinery grew 7.25 per cent in 2024-25, net value added per factory in operation rose 6.59 per cent, and GVA per person engaged grew 2.25 per cent.
Source: ANI
A factory sector of two very different halves
By investment size, factories with plant and machinery worth up to Rs 5 crore made up 78.69 per cent of all factories in operation in 2024-25, but they held only 10.55 per cent of total fixed capital, engaged 34.32 per cent of total persons, and contributed 19.24 per cent of total output and 17.61 per cent of net value added, the PIB release said. At the other end, factories with investment of Rs 10 crore and above — 15.84 per cent of operating factories — accounted for 87.42 per cent of fixed capital, 59.66 per cent of persons engaged, 71.80 per cent of total emoluments, 76.82 per cent of gross output and 78.07 per cent of net value added.
Source: PIB via Technology For You
The split is just as sharp when factories are grouped by how much they produce. Factories with gross output of up to Rs 1 crore were 18.34 per cent of operating factories but contributed only 0.08 per cent of total output, while factories producing more than Rs 10 crore of output — 47.63 per cent of operating units — held 95.55 per cent of fixed capital, 88.78 per cent of employment and 94.57 per cent of emoluments, and contributed 98.10 per cent of total output and 97.87 per cent of net value added, the PIB release said. The very largest group, factories with output of Rs 500 crore and above, was just 3.57 per cent of operating factories and alone accounted for 62.07 per cent of total output.
Source: PIB via Technology For You
Five states, five industries carry the load
Maharashtra, Gujarat, Tamil Nadu, Karnataka and Uttar Pradesh emerged as the top five states in GVA terms, together contributing more than 54 per cent of the country's total manufacturing GVA in 2024-25, ANI reported. Employment is concentrated in a handful of industries as well: food products, textiles, basic metals, motor vehicles and wearing apparel together accounted for more than 41 per cent of total manufacturing employment in the country during the year, the PIB release said.
Source: ANI
What the ASI measures — and what it does not
The Annual Survey of Industries is the principal source of industrial statistics for India's registered factory sector and feeds into the National Accounts at national and state level, MoSPI said. It covers factories registered under the Factories Act, 1948, bidi and cigar establishments, electricity undertakings not registered with the Central Electricity Authority, and units with 100 or more employees on state business registers. Volume I presents detailed results on capital, employment, emoluments, inputs, outputs, depreciation, GVA and fuel consumption by industry code for all-India and by state, while the Summary Results volume highlights factory characteristics by employment size, capital investment, gross output and net value added. Because the survey covers the registered sector, its figures describe organised manufacturing and do not by themselves capture unregistered enterprises. The publications and unit-level data are available on the MoSPI website.
Source: PIB via Technology For You