Production: Manufacturing: Total Manufacturing for India
INDPRMNTO01GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.20
Year-over-Year Change
209.09%
Date Range
4/1/1995 - 1/1/2025
Summary
The 'Production: Manufacturing: Total Manufacturing for India' trend measures the overall output of the manufacturing sector in India. This key economic indicator provides insight into the health and productivity of India's industrial base.
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 series tracks the total volume of manufacturing production in India, including output from subsectors like textiles, chemicals, machinery, and more. Manufacturing is a crucial driver of economic growth, and this metric is closely monitored by policymakers, analysts, and investors to assess the strength of India's industrial economy.
Methodology
The data is collected through surveys of manufacturing establishments and production facilities across India.
Historical Context
Trends in Indian manufacturing output are closely watched for their implications on trade, investment, and broader macroeconomic performance.
Key Facts
- Manufacturing accounts for nearly 18% of India's GDP.
- India aims to increase the manufacturing sector's share to 25% of GDP by 2025.
- The COVID-19 pandemic significantly disrupted Indian manufacturing in 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Production: Manufacturing: Total Manufacturing for India' metric tracks the overall volume of manufacturing output across India's industrial base.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing is a key driver of economic growth in India, and this metric provides valuable insights into the health and productivity of the country's industrial sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments and production facilities across India.
Q: How is this trend used in economic policy?
A: Trends in Indian manufacturing output are closely watched by policymakers, analysts, and investors for their implications on trade, investment, and broader macroeconomic performance.
Q: Are there update delays or limitations?
A: There may be delays in data reporting or revisions due to the complexity of collecting manufacturing data across India's diverse industrial landscape.
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Citation
U.S. Federal Reserve, Production: Manufacturing: Total Manufacturing for India (INDPRMNTO01GYSAQ), retrieved from FRED.