Denemek ALTIN - Özgür
Factory outlook up, but jobs a concern
The New Indian Express Kochi
|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.
Bu hikaye The New Indian Express Kochi dergisinin August 28, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
The New Indian Express Kochi'den DAHA FAZLA HİKAYE
The New Indian Express Kochi
GREENLAND, GENGHIS & RETURN OF MIGHT
YOU have to hand it to Donald Trump: he doesn’t beat about the bush.
3 mins
January 11, 2026
The New Indian Express Kochi
Time for quick reset in India’s policies: Expert
UNITED States Commerce Secretary Howard Lutnick claimed the US-India trade deal has stalled because Prime Minister Narendra Modi did not call President Trump, adding uncertainty to the much-anticipated agreement.
2 mins
January 11, 2026
The New Indian Express Kochi
Fires at Nirav Modi diamond unit raise doubts
Authorities tight-lipped
2 mins
January 11, 2026
The New Indian Express Kochi
C'garh agri sector posts robust growth in 2 years; food grains, pulses stay firm
THE agriculture sector in Chhattisgarh remains strong as the backbone of the state showing steady and inclusive growth over the past two years, officials said on Saturday.
1 mins
January 11, 2026
The New Indian Express Kochi
PM asks forces to firm up gains in Naxal areas with policy shift
ENCOURAGED by diminishing cases of Left-Wing-Extremism (LWE) related violence, sources said that Prime Minister Narendra Modi, during the recently held DGP/IGP conference in Chhattisgarh, directed officials tomake a decisive shift in strategy from ‘armed action’ against violent elements to ‘unfolding welfare and developmental initiatives’ in the previosuly Naxal dominated districts.
2 mins
January 11, 2026
The New Indian Express Kochi
States oppose changes in MGNREGA in pre-Budget meet
STATES have vehemently opposed the proposed changes in MGNREGA, and called for more fiscal space during a pre-Budget consultation chaired by Union Finance Minister Nirmala Sitharaman on Saturday.
1 mins
January 11, 2026
The New Indian Express Kochi
Up Above the World So High
High in the Girjan Valley, a sloping pitch holds together a community better than any road ever has
2 mins
January 11, 2026
The New Indian Express Kochi
Newly raised Bhairav Army unit gets Naga as insignia
WHILE marching down the Kartavya Path on the Republic Day parade, India’s newly raised Bhairav Light Combat Battalions would be seen carrying Vasuki, the King of Snakes, etched as the part of their insignia.
1 min
January 11, 2026
The New Indian Express Kochi
A Portrait Framed in Awe
A deeply conflicted reading of a long-awaited Gulzar biography—where devotion overwhelms discovery, and the translation outshines
3 mins
January 11, 2026
The New Indian Express Kochi
Sergio Gor, Trump’s man in India for turbulent times, reaches Delhi
SERGIO
1 min
January 11, 2026
Listen
Translate
Change font size