Production: Manufacturing: Total Manufacturing for India
INDPRMNTO01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.08
Year-over-Year Change
-12.97%
Date Range
4/1/1995 - 4/1/2025
Summary
The 'Production: Manufacturing: Total Manufacturing for India' trend measures the overall output of the manufacturing sector in India. This metric is crucial for analyzing the health and growth of the Indian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator tracks the total volume of manufacturing production in India across a wide range of industries, including textiles, automobiles, electronics, and more. It serves as an important barometer for the broader state of Indian industrial activity and economic performance.
Methodology
The data is collected and calculated by India's Ministry of Statistics and Programme Implementation.
Historical Context
Policymakers and analysts use this manufacturing output trend to inform economic forecasts, guide industrial policy decisions, and assess India's global competitiveness.
Key Facts
- India is the world's sixth-largest manufacturing economy.
- Manufacturing accounts for nearly 18% of India's GDP.
- The sector employs over 50 million people in the country.
FAQs
Q: What does this economic trend measure?
A: The 'Production: Manufacturing: Total Manufacturing for India' trend measures the overall output of the manufacturing sector in India, across a wide range of industries.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for analyzing the health and growth of the Indian economy, as manufacturing is a key driver of economic performance and industrial activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by India's Ministry of Statistics and Programme Implementation.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this manufacturing output trend to inform economic forecasts, guide industrial policy decisions, and assess India's global competitiveness.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with occasional delays or revisions due to the complexity of aggregating manufacturing output across diverse industries.
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Citation
U.S. Federal Reserve, Production: Manufacturing: Total Manufacturing for India (INDPRMNTO01GYSAM), retrieved from FRED.