India’s Industries Added Jobs, Grew GVA by 11.9% in 2023–24

India’s Industries Added Jobs, Grew GVA by 11.9% in 2023–24

27 August 2025 – The Ministry of Statistics & Programme Implementation (MoSPI) has released the Annual Survey of Industries (ASI) 2023–24, highlighting strong growth in value addition and employment across India’s factories. Key Highlights Table: Key ASI Indicators (2019–20 to 2023–24) Year GVA (₹ Lakh Cr) Output (₹ Lakh Cr) Employment (Crore Persons) Fixed Capital (₹…