Annual Survey of Industries (ASI) 2024–25
Why in News?
- The Annual Survey of Industries (ASI) 2024–25 is in news because the Ministry of Statistics and Programme Implementation (MoSPI) released its results on 30 September 2026.
- The survey shows broad-based expansion in India’s registered manufacturing sector: employment crossed 2 crore, Gross Value Added (GVA) rose 9.59%, and industrial output grew 7.81% over 2023–24.
About the Annual Survey of Industries (ASI)
- Conducting Authority: It is the principal industrial statistics survey conducted by the National Statistical Office (NSO) under MoSPI.
- Legal Framework: ASI 2024–25 was conducted under the Collection of Statistics Rules, 2024, framed via the statutory provisions of the Collection of Statistics (COS) Act, 2008.
- Coverage Scope: It serves as the primary data bank for the organised (registered) manufacturing sector, covering factories registered under the Factories Act, 1948, electricity undertakings, and registered bidi/cigar establishments. It does not cover unorganised or informal enterprises.
- Reference Timeline: The timeline mapped for this release spans April 2024 to March 2025. Extensive field data collection was executed digitally via the ASI Web Portal between October 2025 and June 2026.
- Core Significance: This data provides critical granular insights into changes in capital formation, labour productivity, and industrial composition. It is highly essential for state-level policymaking and compiling the National Accounts Statistics (GDP calculations).
Overall Macro Growth & GVA
- Industrial Output: The registered manufacturing sector witnessed a strong output expansion of 7.81% over the previous fiscal year.
- Gross Value Added (GVA): The overall GVA of the sector increased by 9.59%, climbing from ₹24.58 lakh crore in 2023–24 to ₹26.94 lakh crore in 2024–25.
- Net Profits: Demonstrating long-term financial resilience, net profits of registered factories rose to ₹11.56 lakh crore.
Employment & Workforce Compensation
- Job Creation: Total employment in the organised industrial sector jumped by 7.19%, crossing a major milestone to reach nearly 2.10 crore persons engaged.
- Rising Emoluments: Total salaries, wages, and benefits paid out to the workforce witnessed a robust double-digit growth of 12.08% compared to the previous year.
- Factory Count: The number of registered, operational manufacturing establishments increased by 2.64%, reaching 2.67 lakh factories in 2024–25 (up from 2.60 lakh in 2023–24).
- Invested Capital: Capital infused into modernization, machinery, and expansion grew at a healthy rate of 11.10%.
Top Performing Industries
Five primary industries contributed to more than 45% of the total manufacturing GVA of the country:
Five primary industries contributed to more than 45% of the total manufacturing GVA of the country:
- Basic Metals
- Motor Vehicles
- Chemicals and Chemical Products
- Pharmaceutical Products
- Food Products
State-wise Performance Leaders
- Highest Number of Factories: Tamil Nadu leads the country with 41,221 establishments, followed closely by Gujarat (33,084) and Maharashtra (27,379).
- GVA Contribution: Maharashtra retained its position as the top contributor to India's total manufacturing GVA, followed by Gujarat, Tamil Nadu, Karnataka, and Uttar Pradesh.
- Employment Drivers: Tamil Nadu, Maharashtra, Gujarat, Uttar Pradesh, and Haryana emerged as the top five employers. Together, these five states accounted for 56% of total manufacturing employment across India.
