India, Nov. 5 -- The gross value added (GVA) of India's manufacturing corporate sector grew 9.28% in 2024-25, while the number of factories in operation and total employment increased by 3.45% and 7.57%, respectively, according to the latest Annual Survey of Industries (ASI) released by the ministry of statistics and programme implementation on Wednesday.

The manufacturing corporate sector accounted for more than 89% of the total GVA during the financial year, underlining its dominant contribution to the country's registered industrial output.

The survey also recorded a 7.25% increase in the gross value of plant and machinery in the registered manufacturing sector over the previous year. Net value added per factory in operation rose 6.5...