The Ministry of Statistics and Programme Implementation (MoSPI) has launched the outcomes of the Annual Survey of Industries (ASI) for the reference interval — April 2023 to March 2024 — (i.e. monetary 12 months 2023-24) known as ASI 2023-24 in a press be aware.
The sector work for this survey was carried out from October 2024 to June 2025 for ASI 2023-24.
The invested capital within the industries rose to Rs 68,01,329 crore in 2023-24 from Rs 61,39,212 crore in 2022-23, as per the report for 2023-24.
The information additionally confirmed that the Gross Worth Added within the industries elevated by 11.9 per cent to Rs 24,58,336 crore within the fiscal underneath evaluation from Rs 21,97,056 crore within the previous fiscal.
The GVA is outlined as the extra worth created by the method of manufacturing. That is calculated by deducting the worth of complete enter from complete output.The Annual Survey of Industries is carried out with the first goal to offer a significant perception into the dynamics of change within the composition, progress and construction of varied manufacturing industries when it comes to output, worth added, employment, capital formation and a bunch of different parameters.It said that industries added greater than half a crore (57 lakh) jobs over the past decade, 2014-15 to 2023-24.
The highest 5 industries with respect to GVA are fundamental metals, motor automobiles, chemical and chemical merchandise, meals and pharmaceutical merchandise.
Tamil Nadu, Gujarat, Maharashtra, Uttar Pradesh and Karnataka are the highest 5 states in respect of employment.
It offers useful enter to the Nationwide Accounts Statistics on the nationwide and state ranges.
The ASI broadly covers factories, Bidi and cigar manufacturing institutions, electrical energy utilities, and items with 100 or extra staff registered within the Enterprise Register of Institutions ready and maintained by the state governments.
