ASI 2024-25 Counts 2.67 Lakh Factories, GVA Up 9.59 Per Cent

The Ministry of Statistics and Programme Implementation (MoSPI) published the factsheet of the Annual Survey of Industries (ASI) for the reference period April 2024 to March 2025, that is financial year 2024-25. Field work for this round ran from October 2025 to June 2026. The survey is the country's chief reading of the registered factory sector and feeds the National Accounts Statistics.

How many factories, and where

Registered manufacturing establishments rose from 2.60 lakh in the previous round to 2.67 lakh, a growth of 2.64 per cent. Tamil Nadu reported the most establishments at 41,221, followed by Gujarat with 33,084 and Maharashtra with 27,379.

The headline growth figures

In money terms gross value added moved from Rs 2,458.3 thousand crore to Rs 2,694.2 thousand crore. Invested capital is counted as fixed capital plus physical working capital.

Jobs cross the two-crore mark

Persons engaged in registered manufacturing rose from 1.96 crore to 2.10 crore, an addition of more than 14 lakh workers that carried estimated total employment past the two-crore mark. Tamil Nadu, Maharashtra, Gujarat, Uttar Pradesh and Haryana were the five leading states for persons engaged and together held about 56 per cent of manufacturing employment.

Which states and industries lead

For value added, Maharashtra stood first, followed by Gujarat, Tamil Nadu, Karnataka and Uttar Pradesh; these five together accounted for more than 54 per cent of the country's manufacturing gross value added and 53.30 per cent of all establishments. Among industries, basic metal, motor vehicles, chemicals and chemical products, pharmaceutical products and food products together contributed more than 45 per cent of manufacturing value added.

What the survey covers

The ASI takes in factories registered under Sections 2m(i) and 2m(ii) of the Factories Act, 1948, bidi and cigar units under the Bidi and Cigar Workers Act of 1966, electricity undertakings not registered with the Central Electricity Authority, and units with 100 or more employees in the Business Register of Establishments. Data are collected on a web portal with no paper schedule, under the Collection of Statistics Act of 2008 as amended in 2017, with rules framed in 2011.