Stories
Factory GVA Soars 9.6% to Rs26.9 Lakh Crore in FY25, Driven by Robust Growth
F
Forbes India•01-10-2026, 14:17
Factory GVA Soars 9.6% to Rs26.9 Lakh Crore in FY25, Driven by Robust Growth
- •India's registered factories saw their Gross Value Added (GVA) increase by 9.59 percent to Rs26.9 lakh crore in FY25, up from Rs24.6 lakh crore the previous year, according to the Annual Survey of Industries (ASI).
- •Factory GVA has experienced a significant 66.6 percent growth since FY21, reaching Rs26.9 lakh crore in FY25 from Rs16.2 lakh crore.
- •Industrial output grew by 7.81 percent, while fixed capital expanded by 10.54 percent and invested capital by 11.1 percent in FY25.
- •Total employment in factories rose by 7.19 percent to 2.1 crore in FY25, adding over 14 lakh jobs, with total emoluments growing faster at 12.08 percent.
- •Manufacturing GVA and employment remain concentrated, with Maharashtra, Gujarat, and Tamil Nadu leading in GVA, and Tamil Nadu, Maharashtra, and Gujarat leading in jobs.
Key Questions Answered
India's registered factories grew their gross value added (GVA) by 9.59 percent to reach Rs26.9 lakh crore in FY25, up from Rs24.6 lakh crore in the previous year.
Tamil Nadu has the highest number of factories at 41,221, followed by Gujarat with 33,084 and Maharashtra with 27,379 establishments.
Total employment in registered factories increased by 7.19 percent to 2.1 crore in FY25, adding over 14 lakh jobs. Total emoluments grew even faster at 12.08 percent, indicating a rise in average pay per worker.
