Manufacturing GVA grows 10.7% in FY26, govt cites reforms to strengthen sector
New Delhi, Aug. 12 -- India's manufacturing Gross Value Added (GVA) at constant prices grew 10.7 per cent in 2025-26, taking the compounded annual growth rate to 10.88 per cent during 2022-23 to 2025-26, the Lok Sabha was informed on Wednesday.
The available data does not indicate any significant change in the share of manufacturing in total GVA, which stood at 14.8 per cent in 2025-26, compared with 14.7 per cent in 2022-23.
The data is based on the revised National Accounts Statistics series, for which the base year was changed from 2011-12 to 2022-23. The revised series was released by the Ministry of Statistics and Programme Implementation in February 2026.
Manufacturing GVA at constant prices grew 12.7 per cent in 2023-24 and 9.3 ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.