In 2023, almost half of India’s GDP was generated by the services sector, a slight and steady increase over the last 10 years. Among the leading services industries in the country are telecommunications, IT, and software. The IT factorThe IT industry is a vital part of India’s economy, and in the fiscal year of 2016/2017, it generated about 8 percent of India’s GDP alone – a slight decrease from previous years, when it made up about 10 percent of the country’s economy. Nevertheless, the IT industry is growing, as is evident by its quickly increasing revenue and employment figures. IT includes software development, consulting, software management, and online services, and business process management (BPM). Employee migrationAlthough employment figures in IT, and thus in the services sector, are on the rise, most of the Indian workforce is still employed in agriculture, however, the figures show a trend pointing towards a reversal of this distribution. For now, the majority of Indians still do not live in cities – where IT jobs are generated – but urbanization is on the rise as well.

GDP from Manufacturing in India increased to 8299.55 INR Billion in the first quarter of 2025 from 6960.49 INR Billion in the fourth quarter of 2024. This dataset provides - India Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Being one of the largest offshoring destinations for different IT companies across the world, the business process management market in India is of considerable importance. The information technology/business process management (IT-BPM) sector had contributed a share of seven percent to the GDP of the country in fiscal year 2024. And it was estimated by 2025, the share would increase to 10 percent. BPM is more like a discipline than a process that incorporates methods to improve, analyze, automate and improve business processes. Domestic and internationalIn the financial year 2023, the IT sector had an export value of more than 193 billion U.S. dollars. The IT software and services, the leading segment in the export. The sector has been generating big figures domestically as well. The employment generated from the IT-BPM industry in the country exceeded five million in financial year 2023. What does the future hold?With a mixture of BPM and robotic process automation (RPA) in the picture, enhanced partnerships with the rapidly growing IT and BPM industry in India are quite likely to happen. The industry has been generating increased revenue over the years, and presumably with the fast-growing pace of the sector, the revenue generation will also be on the rise.

The Gross Domestic Product (GDP) in India expanded 7.40 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - India GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

India IN: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing data was reported at 15.998 % in 2024. This records a decrease from the previous number of 16.639 % for 2023. India IN: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing data is updated yearly, averaging 27.320 % from Mar 1961 (Median) to 2024, with 64 observations. The data reached an all-time high of 42.752 % in 1968 and a record low of 15.998 % in 2024. India IN: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s India – Table IN.World Bank.WDI: Gross Domestic Product: Share of GDP. Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Note: For VAB countries, gross value added at factor cost is used as the denominator.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.

The gross value added from *********************************************** had the highest share in India in fiscal year 2025. The service sectors constituted a large chunk of GVA that year. Agriculture, the biggest employer in the country, stood at around ** percent that year.

Full Year GDP Growth in India decreased to 6.50 percent in 2025 from 9.20 percent in 2024. This dataset includes a chart with historical data for India Full Year GDP Growth.

GDP from Agriculture in India decreased to 6773.89 INR Billion in the first quarter of 2025 from 7757.32 INR Billion in the fourth quarter of 2024. This dataset provides - India Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

India: Value added in the agricultural sector as percent of GDP: The latest value from 2023 is 16 percent, a decline from 16.64 percent in 2022. In comparison, the world average is 9.91 percent, based on data from 166 countries. Historically, the average for India from 1960 to 2023 is 27.57 percent. The minimum value, 16 percent, was reached in 2023 while the maximum of 42.75 percent was recorded in 1967.

The dataset provides year-wise annual Gross Domestic Product (GDP) figures at both current and constant prices from 1950–51, with 2011–12 as the base year. GDP represents the total market value of all goods and services produced within an economy over a specific period

This dataset simulates the economic impact of the COVID-19 pandemic on India's GDP across various sectors and states from 2019 to 2022. It includes realistic variations in GDP before and during the pandemic, along with key economic indicators like unemployment, migration, inflation, and vaccination rate.

Although the data is synthetic, it follows realistic patterns inspired by publicly available economic and government reports.

Key features:

State-wise and sector-wise granularity

Time-series data spanning 48 months (2019–2022)

Simulated recovery metrics post-COVID

Useful for economic forecasting, ML modeling, policy simulations, and dashboards

The Gross Domestic Product (GDP) in India was worth 3567.55 billion US dollars in 2023, according to official data from the World Bank. The GDP value of India represents 3.38 percent of the world economy. This dataset provides the latest reported value for - India GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

India's agriculture sector was the leading industry in terms of employment in the financial year 2023 with the number of employees tallying over *** million. Meanwhile, the mining industry recorded almost *** million employees. The services sector is the next big sector in India after agriculture. Challenges facing the agriculture sector Agriculture is the mainstay of India’s workforce. It employs over 42 percent of India’s population. However, it is the lowest contributor to the country’s GDP when compared to other major sectors. Despite being one of the largest producers of crops in the world, agricultural productivity remains low. Key issues impacting productivity include the decreasing size of landholdings, dependence on monsoons, inadequate access to irrigation, lack of access to credit and finance for marginal farmers, inadequate agricultural infrastructure, vulnerability to market volatility, and climate change, among others. Service sector: Key GDP contributor The service sector contributes a lion’s share to India’s GDP. Driven by investments and a skilled workforce, India has now positioned itself on the global stage for services. Information technology, financial services, and communications are the key performing subsectors within the service industry. However, the rising labor productivity in the sector has reduced the demand for labor. This gap in output and employment parallels the disproportionately larger share of the service sector in GDP than employment.

This dataset measures the rate of growth of the Gross Domestic Product each year. Gross Domestic Product or GDP is the market value of all the produced goods and or services within an economy in a given time.

In 2023, 43.51 percent of the workforce in India were employed in agriculture, while the other half was almost evenly distributed among the two other sectors, industry and services. While the share of Indians working in agriculture is declining, it is still the main sector of employment. A BRIC powerhouseTogether with Brazil, Russia, and China, India makes up the four so-called BRIC countries. They are the four fastest-growing emerging countries dubbed BRIC, an acronym, by Jim O’Neill at Goldman Sachs. Being major economies themselves already, these four countries are said to be at a similar economic developmental stage -- on the verge of becoming industrialized countries -- and maybe even dominating the global economy. Together, they are already larger than the rest of the world when it comes to GDP and simple population figures. Among these four, India is ranked second across almost all key indicators, right behind China. Services on the riseWhile most of the Indian workforce is still employed in the agricultural sector, it is the services sector that generates most of the country’s GDP. In fact, when looking at GDP distribution across economic sectors, agriculture lags behind with a mere 15 percent contribution. Some of the leading services industries are telecommunications, software, textiles, and chemicals, and production only seems to increase – currently, the GDP in India is growing, as is employment.

Data and expert analysis on India’s GDP and GSDP including per capita values, sector and industry contribution, GVA, and comparison with global peers.

The statistic shows GDP in India from 1987 to 2024, with projections up until 2030. In 2024, GDP in India was at around 3.91 trillion U.S. dollars, and it is expected to reach six trillion by the end of the decade. See figures on India's economic growth here, and the Russian GDP for comparison. Historical development of the Indian economy In the 1950s and 1960s, the decision of the newly independent Indian government to adopt a mixed economy, adopting both elements of both capitalist and socialist systems, resulted in huge inefficiencies borne out of the culture of interventionism that was a direct result of the lackluster implementation of policy and failings within the system itself. The desire to move towards a Soviet style mass planning system failed to gain much momentum in the Indian case due to a number of hindrances, an unskilled workforce being one of many.When the government of the early 90’s saw the creation of small-scale industry in large numbers due to the removal of price controls, the economy started to bounce back, but with the collapse of the Soviet Union - India’s main trading partner - the hampering effects of socialist policy on the economy were exposed and it underwent a large-scale liberalization. By the turn of the 21st century, India was rapidly progressing towards a free-market economy. India’s development has continued and it now belongs to the BRICS group of fast developing economic powers, and the incumbent Modi administration has seen India's GDP double during its first decade in power.

In 2023, India's manufacturing sector's GDP share was around ** percent. The share remained the same as compared to the last year and declined from ** percent in 2010. Value added is the net output of the manufacturing sector after adding all outputs and subtracting intermediate inputs. The manufacturing sector employs over ** million workers. Boosting manufacturing As global economies aim to reduce reliance on China or adopt a China-plus strategy, India has emerged as a potent alternative manufacturing hub. The Make in India initiative was launched to foster and strengthen India’s global manufacturing status by enhancing foreign direct investments, skill development, and updating manufacturing infrastructure. Under the Production Linked Incentive (PLI) Scheme, companies are incentivized to promote domestic production and enhance manufacturing competitiveness. Despite efforts, experts expressed doubts about the government’s ambition to raise the share of manufacturing to GDP to ** percent by 2025.
Hurdles for manufacturing As per the World Bank, India’s share in global trade has not kept pace with its rapidly growing economy. It is losing ground to countries like Bangladesh and Vietnam in key low-cost and low-skill manufacturing export sectors. Manufacturing productivity in India has remained low. and the availability of capital also remains an obstacle for the manufacturing sector. Inadequate investments in technology, infrastructure, and research and development (R&D) can also impact productivity growth. Other factors include regulatory compliance burdens, complex labor laws, red tape, and inefficient supply chains.

Gross fixed capital formation, private sector (% of GDP) in India was reported at 26.7 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Gross fixed capital formation; private sector (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

India IN: GDP: Growth: Gross Value Added: Services data was reported at 7.741 % in 2016. This records a decrease from the previous number of 9.741 % for 2015. India IN: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 7.793 % from Dec 1961 (Median) to 2016, with 56 observations. The data reached an all-time high of 14.253 % in 1999 and a record low of -1.987 % in 1967. India IN: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s India – Table IN.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;