Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
Factory outlook up, but jobs a concern
The New Indian Express Kozhikode
|August 28, 2025
The Annual Survey of Industries states that Indian factories delivered strong growth in 2023-24.
Gross Value Added in registered manufacturing grew 11.89% to ₹24.58 lakh crore, up from ₹21.97 lakh crore. Net Value Added also rose 11.9% to ₹21.03 lakh crore. Industrial output reached ₹153.27 lakh crore, a 5.8% rise. The number of persons engaged increased from 1.85 crore in 2022-23 to 1.96 crore in 2023-24, a 5.9% rise. Total emoluments rose from ₹6.40 lakh crore to ₹7.16 lakh crore, with average emolument per worker increasing from ₹3.46 lakh to ₹3.66 lakh.
However, beneath these gains lies a fault line. Almost 42% of workers were contract labourers, and jobs are clustered in a handful of industries.
The food products sector employed 11.06% of the workforce, or 21.6 lakh people. Textiles employed 17.1 lakh, basic metals 15.2 lakh, motor vehicles 13.7 lakh, and wearing apparel 13.4 lakh. The five sectors collectively account for over 41% of all factory jobs. The concentration is risky as the US has imposed a 50% tariff on India.
Diese Geschichte stammt aus der August 28, 2025-Ausgabe von The New Indian Express Kozhikode.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON The New Indian Express Kozhikode
The New Indian Express Kozhikode
Kohli’s twin failures, Sharma’s fifty talking points in India’s loss
IT'S hard to find context in an ODI bilateral series with no major events scheduled in that format for the next two years.
3 mins
October 24, 2025
The New Indian Express Kozhikode
'Abhay' for anonymity: How Maoists evade police action
ENGLISH playwright William Shakespeare wrote in Romeo and Juliet, \"What's in a name?\" For the outlawed CPI (Maoist), the answer is everything. Names, often assumed or symbolic, are a tool of survival, strategy, and connection with the communities in which they operate.
1 mins
October 24, 2025
The New Indian Express Kozhikode
16-yr-old sprinter breaks 37-yr-old record
AS THE crowd at Chandrasekhar Nair Stadium dispersed on Thursday, Athul T M, the new record holder in 100m Junior Boys, spotted Ram Kumar. The duo greeted each other by shaking hands, which later turned into a tight hug.
1 min
October 24, 2025
The New Indian Express Kozhikode
More girls in govt-run CBSE schools, says secy
IT is crucial that society invest more in the education of the girl child, according to the Union Secretary of Education and Literacy, Sanjay Kumar.
2 mins
October 24, 2025
The New Indian Express Kozhikode
321kg gold smuggled through 7 main routes seized in 10 months, says DRI
THE Directorate of Revenue Intelligence (DRI) has uncovered an increasingly sophisticated gold smuggling operation spanning continents. Between January and October this year, DRI intercepted and seized around 321kg of smuggled gold, valued at ₹406.35 crore.
1 mins
October 24, 2025
The New Indian Express Kozhikode
High on drugs, Indian-origin truck driver kills three in US crash; held
A 21-year-old Indian-origin truck driver, Jashanpreet Singh, who had reportedly entered the US illegally in 2022, has been arrested for causing a semi-truck crash in California's Ontario that snuffed out three lives and injured at least four other people on Tuesday.
1 mins
October 24, 2025
The New Indian Express Kozhikode
TAKE AI’S HELP FOR SPEEDY JUSTICE
EW phrases encapsulate the despair of the Indian litigant more powerfully than Sunny Deol's anguished outburst in Damini: \"Tareekh pe tareekh\" (hearing after hearing).
3 mins
October 24, 2025
The New Indian Express Kozhikode
Trump factor leads PM to duck Malaysia trip, says Cong
THE Congress on Thursday claimed that the reason for Prime Minister Narendra Modi not travelling to Malaysia for the Asean summit was that he does not want to be cornered by US President Donald Trump.
1 mins
October 24, 2025
The New Indian Express Kozhikode
U’khand village puts cap on wedding expenses
TO curb the rising expenses and the culture of showiness at social ceremonies, the residents of Kandhar village in Uttarakhand's tribal region of Jaunsar-Bawar have passed a social bylaw limiting the gold jewellery married women can wear at weddings and family functions.
1 mins
October 24, 2025
The New Indian Express Kozhikode
'We have come far, but the digital divide still exists'
India's smartphone market may be approaching a saturation point but there is still room for innovating products to grow, says Madhav Sheth, CEO of Ai+ Smartphone and founder of NxtQuantum Shift Technologies, in an interaction with TNIE's Rakesh Kumar. Excerpts:
3 mins
October 24, 2025
Listen
Translate
Change font size