India's manufacturing sector witnessed a decline of over seven percent in fiscal year 2021. This resulted from the economic slowdown from the impact of the COVID-19 pandemic. Manufacturing accounted for about 14.5 percent of the country's GVA in fiscal year 2021.
Growth rate of GVA in manufacturing across India from financial year 2015 to 2017, with estimates until 2021
Characteristic
Growth rate of GVA
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*Third revised estimate. **Second revised estimate. ***First revised estimate. ****Provisional estimate. *****First advance estimate.
India's financial year begins in April and ends in March. For example, FY 2017 started in April 2016 and ended in March 2017.
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Department of Economic Affairs (India), & Union Budget (India). (January 29, 2022). Growth rate of GVA in manufacturing across India from financial year 2015 to 2017, with estimates until 2021 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/801821/india-annual-real-gva-growth-in-manufacturing-industry/
Department of Economic Affairs (India), und Union Budget (India). "Growth rate of GVA in manufacturing across India from financial year 2015 to 2017, with estimates until 2021." Chart. January 29, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/801821/india-annual-real-gva-growth-in-manufacturing-industry/
Department of Economic Affairs (India), Union Budget (India). (2022). Growth rate of GVA in manufacturing across India from financial year 2015 to 2017, with estimates until 2021. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/801821/india-annual-real-gva-growth-in-manufacturing-industry/
Department of Economic Affairs (India), and Union Budget (India). "Growth Rate of Gva in Manufacturing across India from Financial Year 2015 to 2017, with Estimates until 2021." Statista, Statista Inc., 29 Jan 2022, https://www.statista.com/statistics/801821/india-annual-real-gva-growth-in-manufacturing-industry/
Department of Economic Affairs (India) & Union Budget (India), Growth rate of GVA in manufacturing across India from financial year 2015 to 2017, with estimates until 2021 Statista, https://www.statista.com/statistics/801821/india-annual-real-gva-growth-in-manufacturing-industry/ (last visited August 25, 2024)
Growth rate of GVA in manufacturing across India from financial year 2015 to 2017, with estimates until 2021 [Graph], Department of Economic Affairs (India), & Union Budget (India), January 29, 2022. [Online]. Available: https://www.statista.com/statistics/801821/india-annual-real-gva-growth-in-manufacturing-industry/