MarketInsight

Real Gross Value Added at Basic Prices by Industry

The data reflects steady growth across all major sectors over the years. The manufacturing and infrastructure sector shows strong expansion, especially post-2021, likely driven by industrial recovery and investment.
Financial and professional services have also grown consistently, indicating a healthy service economy.
Though trade, transport, and communication dipped in FY21—likely due to the pandemic—they rebounded strongly thereafter.
Public administration and agriculture sectors have maintained moderate yet consistent growth, highlighting their stability in the economic structure.
Financial Year EndingFY18FY19FY20FY21FY22FY23FY24FY25
Agriculture, forestry & fishing, mining and quarrying21,69,63522,05,41323,11,46023,65,28824,79,38325,87,50726,42,60527,39,036
Manufacturing, construction, electricity, gas and water supply34,46,38336,49,92836,03,93336,12,74440,72,53141,58,89345,61,93648,57,103
Trade, hotels, transport & communication23,68,41925,38,75726,90,06021,53,88824,80,38027,77,72329,55,76731,28,534
Financial, real estate and professional services25,37,19027,14,22228,98,24329,54,13031,22,84734,05,47436,91,64539,60,232
Public administartion, defence and other services15,12,54216,25,47717,32,40416,01,29517,21,69918,75,30420,21,79822,06,290
Units: INR Cr Granularity: Financial YoY

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Data Set - Economic Indicators |

Author/Publisher - Govt. of India |

Source Data