MoSPI Releases Volume I and Summary Results of Factory Sector of Annual Survey of Industries 2024-25

Key facts

• Ministry of Statistics and Programme Implementation (MoSPI) released the detailed publications of Annual Survey of Industries (ASI) 2024-25, namely Volume I and Summary Results of Factory Sector, along with unit level data and metadata, on 4 November 2026.
• MoSPI had earlier released the ASI 2024-25 factsheet for the reference period April 2024 to March 2025 on 30 September 2026.
• The Manufacturing Corporate sector, with more than 89% share in total GVA, registered GVA growth of 9.28% over the previous year, with factories in operation growing 3.45% and total persons engaged growing 7.57%.
• Net Value Added per Factory in Operation increased by 6.59% and GVA per Person Engaged grew by 2.25% over the previous year.
• Registered manufacturing sector recorded growth of 7.25% in Gross Value of Plant & Machinery in 2024-25 over the previous year.
• The top five industries—Food Products, Textiles, Basic Metals, Motor Vehicles and Wearing Apparel—together contributed more than 41% of total manufacturing employment in 2024-25.
• Maharashtra, Gujarat, Tamil Nadu, Karnataka and Uttar Pradesh are the top five states in GVA, together accounting for more than 54% of total manufacturing GVA in 2024-25.
• Factories with investment in plant and machinery up to ₹5 crore accounted for 78.69% of factories in operation, 10.55% of fixed capital, 34.32% of persons engaged, 19.24% of output and 17.61% of net value added.
• Factories with gross investment in plant and machinery of ₹10 crore and above constituted 15.84% of factories in operation but accounted for 87.42% of fixed capital, 59.66% of persons engaged, 76.82% of gross output and 78.07% of net value added.
• Factories producing gross output above ₹10 crore, comprising 47.63% of operating factories, contributed 95.55% of fixed capital, 88.78% of employment, 94.57% of emoluments, 98.10% of total output and 97.87% of net value added.
• ASI covers factories registered under Sections 2m(i) and 2m(ii) of the Factories Act 1948, bidi and cigar establishments under the Bidi & Cigar Workers Act 1966, electricity undertakings not registered with the Central Electricity Authority, and units with 100 or more employees in State-maintained Business Register of Establishments.
• ASI data are collected under the Collection of Statistics Act 2008 (amended in 2017) entirely through a dedicated web-portal without paper schedules, using an establishment approach.