The gap in manufacturing sector GVA
According to the National Accounts Statistics, the manufacturing sector’s GVA is ₹38.6 lakh crore in 2023-24 at current prices.; however, an ‘Alternative Estimate’ using data from the Annual Survey of Industries and Annual Survey of Unincorporated Sector Enterprises gives a lower figure, prompting a closer look at the official estimate
· 9/3/2026, 5:21:56 PM· 2 min read
According to the National Accounts Statistics, the manufacturing sector’s GVA is ₹38.6 lakh crore in 2023-24 at current prices.; however, an ‘Alternative Estimate’ using data from the Annual Survey of Industries and Annual Survey of Unincorporated Sector Enterprises gives a lower figure, prompting a closer look at the official estimate
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