liteexcel1.GIF,liteback1.GIF,liteexcel1.GIF,liteepwrfits.gif
Table 2.1: Gross Value Added at Basic Price (Base Year 2011-12) - at Constant Price                     (Rupees crore)
    2023-24 2023-24 2023-24 2024-25 2024-25 2024-25    
    Q1 Q2 Q3 Q1 Q2 Q3   2021-22 2022-23 2023-24 2024-25
         
1 Agriculture, forestry  & fishing 540008 456998 727426 549086 475911 768351 2170106 2305978 2367287 2476032
  (5.7) (3.7) (1.5) (1.7) (4.1) (5.6) (4.6) (6.3) (2.7) (4.6)
2 Industry 1173763 1192490 1206343 1272258 1237728 1261026 4381807 4490673 4976507 5254087
  (7.3) (15.1) (11.8) (8.4) (3.8) (4.5) (12.2) (2.5) (10.8) (5.6)
  2.1 Mining & quarrying 84526 65190 81455 90277 65012 82604 309276 319733 330007 339104
  (4.1) (4.1) (4.7) (6.8) (-0.3) (1.4) (6.3) (3.4) (3.2) (2.8)
  2.2 Manufacturing 656922 705592 671826 706094 720127 695366 2561033 2516364 2825935 2947186
  (7.3) (17.0) (14.0) (7.5) (2.1) (3.5) (10.0) (-1.7) (12.3) (4.3)
  2.3 Electricity, gas & water supply and other utility services 96203 100019 91643 105981 102970 96301 317966 352331 382776 405840
  (4.1) (11.7) (10.1) (10.2) (3.0) (5.1) (10.3) (10.8) (8.6) (6.0)
  2.4 Construction 336112 321688 361418 369906 349620 386755 1193532 1302245 1437788 1561957
  (9.2) (14.6) (10.0) (10.1) (8.7) (7.0) (19.9) (9.1) (10.4) (8.6)
3 Services 2178681 2263703 2126108 2325966 2427016 2283208 7324926 8081377 8807683 9449723
  (12.5) (7.5) (8.3) (6.8) (7.2) (7.4) (9.2) (10.3) (9.0) (7.3)
  3.1 Trade, hotels, transport and communication 653847 713765 772071 689144 757307 823895 2480380 2785740 2994536 3185439
       and services related to broadcasting (11.0) (5.4) (8.0) (5.4) (6.1) (6.7) (15.2) (12.3) (7.5) (6.4)
  3.2 Financing, insurance, real estate & professional services 1055657 1047187 844745 1125613 1122726 905185 3122847 3459277 3814586 4089648
  (15.0) (8.3) (8.4) (6.6) (7.2) (7.2) (5.7) (10.8) (10.3) (7.2)
  3.3 Public administration, defence and other services 469176 502752 509292 511209 546984 554127 1721699 1836360 1998561 2174635
  (9.3) (8.9) (8.4) (9.0) (8.8) (8.8) (7.5) (6.7) (8.8) (8.8)
4 Gross Value Added at Basic Price 3892452 3913191 4059877 4147310 4140656 4312585 13876840 14878028 16151477 17179842
  (9.9) (9.2) (8.0) (6.5) (5.8) (6.2) (9.4) (7.2) (8.6) (6.4)
5 Net Taxes on Products     1145006 1286885 1499114 1615253
      (13.6) (12.4) (16.5) (7.7)
  Gross Domestic Product (GDP) (4+5) 4170114 4254806 4443638 4441986 4492230 4716992 15021846 16164913 17650591 18795095
  (9.7) (9.3) (9.5) (6.5) (5.6) (6.2) (9.7) (7.6) (9.2) (6.5)
  1. Figures in brackets represent y-o-y growth in percentages        2. (1 crore = 10 million)   2022-23 : Final Estimates  
  Source: Central Statistics Office (CSO); compiled by EPW Research Foundation             2023-24 : 1st Revised Estimates, 2024-25 : 2nd Advance Estimates
Our online database `EPWRF India Time Series’, covers as many as 42 vital statistics on the Indian economy. These statistics can be accessed through our website http://www.epwrfits.in.