Trade Analytics
Manufacturing Sector in India
The capital goods industry employs 1.4 million of people and is estimated to employ 2.8 million by 2017.

Manufacturing Sector India

Latest update: December, 2017

  • Indian manufacturing sector’s gross value added at basic price based on 2011-12 price series was US$ 311.6 billion in 2016-17, as per the second advance estimates of Central Statistics Office.
  • Manufacturing sector grew at a CAGR of 7.32 per cent between FY12 and FY17.
  • The sector grew 7.7 per cent in FY17
  • The wholesale price index, in respect of manufactured goods grew 2.4 per cent between April 2016 and January 2017.

Note: CAGR - Compound Annual Growth Rate, FY - Indian Financial Year (April to March)
Source: MOSPI

  • The Index of Industrial Production (IIP) is prepared by the Central Statistics Office to measure the activity happening in three industrial sectors namely Mining, Manufacturing, and Electricity.
  • It is the benchmark index and serves as a proxy to gauge the growth of manufacturing in India since manufacturing alone has a weight of 77.63 per cent in the index.
  • The manufacturing component of the IIP recorded 4.9 per cent growth in FY17 while 1.8 per cent growth in Q1 FY18.

Note: FY - Indian Financial Year (April to March)
Source: MOSPI



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