Despite 'Make-in-India' push, industry share in GDP hit 20-year low in 2019

India now has one of the smallest industrial sectors in Asia at 27.5%, with the exception of Pakistan, Nepal

economy, production, manufacturing, gdp, growth, jobs, workers, labours, industry, metal, mineral, melting, safety

In Asia, the industrial sector accounted for 30.8 per cent of the countries’ GDP on an average.

Manufacturing made up 27.5 per cent of India’s gross domestic product (GDP) in 2019, lowest in two decades, showing the share of the sector continues to shrink in the economy

Also Read

Fitch Ratings, CRISIL, SBI Research see India economy shrinking in FY21

Location data, goods moved: More weekly indicators on economy turn positive

GDP numbers reinforce belief that economy is headed for recession: Analysts

Raters see India's GDP contracting more in FY21 than projected earlier

Reimagining Industrial Era GDP measures

Govt collects Rs 72K-cr under Vivad Se Vishwas direct tax resolution scheme

Tata Motors-owned JLR ready with action plan to meet UK's green diktat

Domestic air passenger volume falls 57% to 5.2 million in October

45% MGNREGA workers make multiple bank visits to withdraw wages: Survey

FPIs stay bullish on Indian equities; pump $6.3 bn in Sept quarter

First Published: Nov 18 2020 | 11:24 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to