A new survey shows that jobs in industries across India increased by 5.9% in 2023-24, reaching 1.9 crore workers, up from 1.8 crore in the previous year. Along with this, the value created by industries, known as Gross Value Added (GVA), grew by 11.9% during the same year.
The data comes from the Annual Survey of Industries (ASI) 2023-24, released by the Ministry of Statistics and Programme Implementation (MoSPI).
Over the last 10 years (2014-15 to 2023-24), the sector has added more than 57 lakh new jobs. Investments in industries also rose to ₹68 lakh crore in 2023-24, compared to ₹61 lakh crore the previous year.
Top States for Industrial Jobs
- Tamil Nadu – 15% share in employment
- Gujarat – 13%
- Maharashtra – 13%
- Uttar Pradesh – 8%
- Karnataka – 6%
Other states together accounted for the remaining 45%.
Top States in Value Contribution
- Maharashtra led with a 16% share of GVA in manufacturing
- Gujarat followed with 14%
- Tamil Nadu had 10%
Leading Industries
- Basic metals, motor vehicles, food products, pharmaceuticals, and chemicals contributed the most to value addition.
- Food products sector had the highest number of factories (nearly 16%), followed by non-metallic mineral products (11.5%) and textiles (7.1%).
- In terms of jobs, food products led with 11.1%, followed by textiles (8.8%) and basic metals (7.8%).
The survey helps track how India’s manufacturing industries are growing in terms of jobs, production, investment, and overall contribution to the economy.
