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Table 2.2: Gross Value Added at Basic Price  (Base Year 2011-12) - at Current Prices               (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 1081545 963835 1518258 1164477 1036838 1737896 4099473 4449332 4877867 5413356
  (9.2) (12.5) (9.7) (7.7) (7.6) (14.5) (10.6) (8.5) (9.6) (11.0)
2 Industry 1805346 1809876 1855260 1973651 1889665 1946410 6245411 6826017 7621992 8098678
  (7.6) (15.5) (13.1) (9.3) (4.4) (4.9) (25.2) (9.3) (11.7) (6.3)
  2.1 Mining & quarrying 135111 108485 129614 151185 106686 124147 439339 510682 532343 543676
  (0.2) (6.8) (5.2) (11.9) (-1.7) (-4.2) (35.5) (16.2) (4.2) (2.1)
  2.2 Manufacturing 914820 977712 932701 990848 1009829 984517 3392605 3534867 3921596 4149054
  (4.9) (15.1) (13.6) (8.3) (3.3) (5.6) (21.0) (4.2) (10.9) (5.8)
  2.3 Electricity, gas & water supply and other utility services 186449 187450 191821 199822 192114 198251 577793 609068 766435 796692
  (30.9) (26.3) (21.9) (7.2) (2.5) (3.4) (15.4) (5.4) (25.8) (3.9)
  2.4 Construction 568967 536229 601125 631796 581036 639494 1835674 2171401 2401618 2609255
  (7.6) (14.7) (11.7) (11.0) (8.4) (6.4) (35.0) (18.3) (10.6) (8.6)
3 Services 3684661 3826418 3616772 4055743 4216771 4021289 11290700 13371348 14913028 16502859
  (13.6) (10.2) (11.5) (10.1) (10.2) (11.2) (18.6) (18.4) (11.5) (10.7)
  3.1 Trade, hotels, transport and communication 1042268 1153823 1249915 1121530 1252146 1372655 3674918 4412008 4828505 5263368
       and services related to broadcasting (10.6) (7.3) (10.8) (7.6) (8.5) (9.8) (28.4) (20.1) (9.4) (9.0)
  3.2 Financing, insurance, real estate & professional services 1700358 1706883 1402131 1864574 1874681 1551225 4645873 5600439 6244153 6883780
  (14.8) (9.7) (10.6) (9.7) (9.8) (10.6) (15.3) (20.5) (11.5) (10.2)
  3.3 Public administration, defence and other services 942034 965712 964727 1069640 1089944 1097409 2969909 3358901 3840370 4355711
  (14.6) (15.0) (13.8) (13.5) (12.9) (13.8) (13.1) (13.1) (14.3) (13.4)
4 Gross Value Added at Basic Price 6571552 6600129 6990290 7193872 7143274 7705595 21635584 24646698 27412888 30014893
  (11.1) (12.0) (11.5) (9.5) (8.2) (10.2) (18.8) (13.9) (11.2) (9.5)
5 Net Taxes on Products     1961815 2243775 2710068 3088322
      (19.4) (14.4) (20.8) (14.0)
  Gross Domestic Product (GDP) (4+5) 7211628 7240697 7709665 7907699 7838967 8473867 23597399 26890473 30122956 33103215
    (11.0) (12.1) (12.9) (9.7) (8.3) (9.9) (18.9) (14.0) (12.0) (9.9)
  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.