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.

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.

The Report Covers India's Big Data Services Market Trends and is Segmented by Type (Solution, Services), Organization Size (Small & Medium Enterprise, Large Enterprise), and End-User Vertical (BFSI, Retail, Telecommunication & IT, Media & Entertainment, Healthcare). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

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.

Industrial Production in India increased 1.50 percent in June of 2025 over the same month in the previous year. This dataset provides - India Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The India Manufacturing Sector Market offers a diverse range of products, including automobiles, machinery, electronics, and pharmaceuticals. The automotive industry is one of the largest segments, driven by factors such as increasing urbanization, rising disposable income, and government initiatives to promote domestic manufacturing. The machinery segment is also experiencing growth, supported by the expanding manufacturing base and the need for automation. The electronics industry is witnessing significant demand due to the growing adoption of consumer electronics and the proliferation of the digital economy. The pharmaceutical industry is driven by factors such as increasing healthcare expenditure and the rise of chronic diseases. Recent developments include: January 2023: Sundram Fasteners, an auto component manufacturer, secured its largest-ever EV contract in its six-decade history. The Chennai-based company clinched a USD 250 million deal from a prominent global automobile manufacturer to supply sub-assemblies for its electric vehicle (EV) platform. Sundram Fasteners anticipates reaching an annual sales peak of USD 52 million by 2026, with a supply of 1.5 million drive unit sub-assemblies per annum., January 2023: Tata Motors, a multinational automotive manufacturing company based in India, disclosed plans to potentially establish plants in India and Europe for manufacturing battery cells dedicated to electric vehicles (EVs). The Chief Financial Officer of Tata Motors' auto unit revealed this information in an interview with Reuters. Tata Motors, which has sold a total of 50,000 electric cars thus far, dominates India's EV market and aims to introduce 10 electric models by March 2026.. Key drivers for this market are: Increasing demand for products in sectors like automotive, consumer electronics, and pharmaceuticals, both domestically and internationally, is fueling the expansion of manufacturing activities in India. Potential restraints include: Inadequate infrastructure, including poor transportation networks, inconsistent power supply, and inefficient logistics, which raise operational costs and hinder the smooth functioning of industries. Notable trends are: Growing government spending and the large and growing population, coupled with a rising middle class, are driving the market growth.

The market capitalization of listed domestic companies as a share of GDP in India decreased by 6.2 percentage points (-5.46 percent) in 2022 in comparison to the previous year. Nevertheless, the last two years recorded a significantly higher market capitalization than the preceding years.Market capitalization, or market cap, refers to the total value of all a company's shares of stock. Based on market cap, companies may be categorized as large-, mid-, or small-cap.Find more statistics on other topics about India with key insights such as market capitalization of listed domestic companies.

The trade, hotels, transport, and communication industries had the highest GVA growth rate of ** percent among all other industries in India in the financial year 2022. Overall, the services sector registered the highest growth compared to the agriculture and industry sectors. Public administration, defense and other services industries were expected to have a GVA growth of over **** percent in the financial year 2025.
What is GVA? GVA or gross value added is the value of goods and services produced by an industry, sector, manufacturer, or region in an economy and is used to calculate the GDP of a country. GDP combines all GVA values across industries, levies taxes, and subsidies. While GDP calculates an overall number of goods produced by a nation, GVA measures the value added to the product. It is the difference between gross and net production. The sectoral analysis provided by GVA helps policymakers create sector-specific policies and make decisions regarding incentives. The National Statistical Office (NSO) publishes estimates of GVA in India on a quarterly and annual basis, elaborating on eight main types of commodities. Services sector In India India’s services sector covers a wide range of industries including trade, hotels, restaurants, IT-BPM, storage, communication, financing, insurance, real estate, business services, etc. Numerous government projects like Smart Cities, Clean Cities, and Digital India are strengthening the growth of the services sector. The sector also attracts significant foreign direct investment and contributes massively to exports, although agriculture accounts for the majority of the employed population.

The Indian steel fabrication industry is experiencing robust growth, driven by large-scale infrastructure development projects, increasing urbanization, and a burgeoning manufacturing sector. The industry's Compound Annual Growth Rate (CAGR) of 8.71% from 2019 to 2024 indicates significant expansion, a trend projected to continue through 2033. Key drivers include government initiatives promoting infrastructure development (like the Bharatmala project and Smart Cities Mission), rising demand for construction materials in both residential and commercial sectors, and a growing need for steel structures in energy and industrial applications. The market segmentation reveals a strong demand for both heavy and light sectional steel, with the manufacturing and power & energy sectors being major end-users. While the exact market size in 2025 isn't specified, considering the CAGR and assuming a 2024 market size of approximately $50 billion (a reasonable estimate for a rapidly growing market of this type), the 2025 market size could be projected at roughly $54 billion. This projection is a reasonable estimate based on market trends and industry growth patterns and is not a precise figure. The competitive landscape is fragmented, with numerous companies ranging from large established players like Bharat Process and Mechanical Engineers Limited to smaller regional fabricators. However, consolidation is expected as larger firms seek to expand their market share through acquisitions and strategic partnerships. While growth is promising, challenges remain. These include fluctuating raw material prices (iron ore, steel billets), potential supply chain disruptions, and the need to adopt advanced technologies and sustainable practices to improve efficiency and reduce environmental impact. Future growth will likely be influenced by government policies related to sustainable infrastructure, technological advancements in steel fabrication, and the overall economic health of India. The industry is poised for continued expansion, provided these challenges are effectively managed. This report provides a detailed analysis of the Steel Fabrication Industry in India, covering the period 2019-2033. It offers invaluable insights into market size, growth drivers, challenges, and future trends, making it an essential resource for industry stakeholders, investors, and researchers. With a base year of 2025 and an estimated year of 2025, this report projects market dynamics until 2033, leveraging historical data from 2019-2024. Keywords: Indian Steel Industry, Steel Fabrication Market, Steel Fabrication India, Steel Structures India, Metal Fabrication India, Indian Steel Market, Steel Construction India. Recent developments include: April 2023: AM Mining, a joint venture between Arcelor Mittal Luxembourg and Nippon Steel Corporation, Japan to acquire Indian Steel Corpn for INR 897 crore. The acquisition of Indian Steel Corporation will likely enhance downstream capabilities and broaden its product portfolio as the company looks to capitalize on market opportunities presented by the steel industry, especially in high-value-added steel production besides capturing synergies across downstream operations., November 2022: AM Mining India completed the acquisition of Uttam Galva Steels. AM Mining India is a joint venture between ArcelorMittal and Nippon Steel. ArcelorMittal is a world-leading steel and mining company based in Luxembourg. Japan's Nippon Steel, on the other hand, is one of the world's leading integrated steel producers.. Key drivers for this market are: Rising Demand for Pre-engineered Buildings and Components, Increasing Number of Manufacturing Plants and Infrastructure Development Activities in India. Potential restraints include: Rising Demand for Pre-engineered Buildings and Components, Increasing Number of Manufacturing Plants and Infrastructure Development Activities in India. Notable trends are: Rising Demand for Pre-engineered Buildings and Components.

The Indian manufacturing sector, valued at $310.30 million in 2025, is poised for robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 9.11% from 2025 to 2033. This expansion is fueled by several key drivers. Government initiatives promoting "Make in India" are attracting significant foreign direct investment and stimulating domestic production. Rising disposable incomes and a burgeoning middle class are driving increased demand for consumer goods, particularly in the automotive, consumer electronics, and food and beverage sectors. Furthermore, India's strategic location and relatively low labor costs compared to other manufacturing hubs make it an increasingly attractive destination for global manufacturers. The sector is segmented by ownership (public, private, joint, cooperative), raw materials used (agro-based, mineral-based), and end-user industries (automotive, manufacturing, textile, consumer electronics, construction, food & beverage, others). Leading players such as Tata Motors, Mahindra & Mahindra, Ashok Leyland, Hindustan Unilever, and others contribute significantly to the market's dynamism. However, challenges remain, including infrastructure bottlenecks, skill gaps in the workforce, and navigating complex regulatory environments. Overcoming these hurdles will be crucial to fully realizing the sector's growth potential. Despite challenges, the forecast for the Indian manufacturing sector is optimistic. Continued growth in key end-user industries like automotive and consumer electronics, coupled with government support for infrastructure development and skill enhancement programs, will likely accelerate the market expansion. The diversification of the manufacturing base beyond traditional sectors, embracing technological advancements, and focusing on sustainable practices will play a critical role in the sector’s long-term success. The presence of established multinational corporations alongside a vibrant domestic industry ensures a competitive and dynamic marketplace, positioning India as a significant manufacturing powerhouse in the coming years. Recent developments include: January 2023: Sundram Fasteners, an auto component manufacturer, won the biggest EV contract in its 60-year history. The Chennai-based company was awarded a USD 250 million contract by a leading global automobile manufacturer to supply sub-assemblies for its electric vehicle (EV) platform. The company estimates an annual sales peak of USD 52 million in 2026 with a supply of 1.5 million drive unit sub-assemblies per annum.January 2023: Tata Motors (an Indian multinational automotive manufacturing company) announced plans to set up plants in India and Europe to produce battery cells for electric vehicles. The company dominates the country's EV market, with total sales of 50,000 electric cars to date. It outlined plans to launch 10 electric models by March 2026.. Key drivers for this market are: The government has introduced several initiatives under the banner of "Make in India", India boasts a sizable pool of skilled labor, facilitating the establishment of manufacturing facilities for companies in various sectors. Potential restraints include: The government has introduced several initiatives under the banner of "Make in India", India boasts a sizable pool of skilled labor, facilitating the establishment of manufacturing facilities for companies in various sectors. Notable trends are: Growing Government Spending is Expected to Boost the Market’s Growth.

India Agricultural Production: Major Crops: Target: Cotton data was reported at 355.000 Ton mn in 2019. This records an increase from the previous number of 35.500 Ton mn for 2018. India Agricultural Production: Major Crops: Target: Cotton data is updated yearly, averaging 24.000 Ton mn from Mar 1998 (Median) to 2019, with 22 observations. The data reached an all-time high of 355.000 Ton mn in 2019 and a record low of 14.500 Ton mn in 2002. India Agricultural Production: Major Crops: Target: Cotton data remains active status in CEIC and is reported by Department of Agriculture and Cooperation. The data is categorized under India Premium Database’s Agriculture Sector – Table IN.RIB002: Agricultural Production: Targets & Achievement of Major Crops.

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 Agricultural Production: Major Crops: Achievements: Pulses data was reported at 27.504 Ton mn in 2023. This records an increase from the previous number of 27.302 Ton mn for 2022. India Agricultural Production: Major Crops: Achievements: Pulses data is updated yearly, averaging 12.840 Ton mn from Mar 1956 (Median) to 2023, with 68 observations. The data reached an all-time high of 27.504 Ton mn in 2023 and a record low of 8.350 Ton mn in 1967. India Agricultural Production: Major Crops: Achievements: Pulses data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Department of Agriculture and Farmers Welfare. The data is categorized under India Premium Database’s Agriculture Sector – Table IN.RIB002: Agricultural Production: Targets & Achievement of Major Crops.

India Agricultural Production: Major Crops: Target: Wheat data was reported at 102.200 Ton mn in 2019. This records an increase from the previous number of 97.500 Ton mn for 2018. India Agricultural Production: Major Crops: Target: Wheat data is updated yearly, averaging 78.750 Ton mn from Mar 1998 (Median) to 2019, with 22 observations. The data reached an all-time high of 102.200 Ton mn in 2019 and a record low of 70.000 Ton mn in 1998. India Agricultural Production: Major Crops: Target: Wheat data remains active status in CEIC and is reported by Department of Agriculture and Cooperation. The data is categorized under India Premium Database’s Agriculture Sector – Table IN.RIB002: Agricultural Production: Targets & Achievement of Major Crops.

Graph and download economic data for Leading Indicators OECD: Component Series: Production: Non-Metallic: Normalised for India (INDLOCOPMNOSTSAM) from Apr 1994 to Oct 2023 about leading indicator, India, and production.

India Natural Gas: Production: Offshore: Internal Use/Consumption data was reported at 4,045.480 Cub m mn in 2018. This records a decrease from the previous number of 4,131.610 Cub m mn for 2017. India Natural Gas: Production: Offshore: Internal Use/Consumption data is updated yearly, averaging 4,040.150 Cub m mn from Mar 2009 (Median) to 2018, with 10 observations. The data reached an all-time high of 4,451.990 Cub m mn in 2010 and a record low of 3,526.550 Cub m mn in 2009. India Natural Gas: Production: Offshore: Internal Use/Consumption data remains active status in CEIC and is reported by Ministry of Petroleum and Natural Gas. The data is categorized under India Premium Database’s Energy Sector – Table IN.RBM004: Natural Gas: Production: by Major States.

India's Major Home Appliance Market is segmented by product (refrigerators and freezers, washing machines, air conditioners, microwave ovens, cooking appliances (ranges/hobs), dishwashers, and others) and distribution channel (online and offline).

India Natural Gas Production: Total data was reported at 32,649.310 Cub m mn in 2018. This records an increase from the previous number of 31,896.700 Cub m mn for 2017. India Natural Gas Production: Total data is updated yearly, averaging 19,056.500 Cub m mn from Mar 1971 (Median) to 2018, with 48 observations. The data reached an all-time high of 52,218.660 Cub m mn in 2011 and a record low of 1,445.000 Cub m mn in 1971. India Natural Gas Production: Total data remains active status in CEIC and is reported by Ministry of Petroleum and Natural Gas. The data is categorized under Global Database’s India – Table IN.RBM004: Natural Gas: Production: by Major States.

Indian Construction Industry is segmented by Sector (Commercial Construction, Residential Construction, Industrial Construction, Infrastructure (Transportation) Construction, and Energy and Utility Construction). The report offers market size and forecasts for the Indian construction market in value (USD billion) for all the above segments.

The provided dataset encompasses information about over 3000 Indian companies across various industries, offering a comprehensive snapshot of India's vibrant business landscape. Here's an insightful description of the dataset:

Company Name: The name of the company, representing its unique identity and brand within the marketplace.

Industry Sector: Categorization of companies based on the sector or industry in which they operate. This classification covers a diverse array of sectors such as technology, finance, healthcare, manufacturing, consumer goods, and many others, reflecting the multifaceted nature of India's economy.

Company Size: An indication of the size or scale of the company, which may include parameters such as revenue, number of employees, market capitalization, or other relevant metrics. This information provides insights into the company's market presence and potential impact.

Location: The geographic location of the company's headquarters or primary operational base within India. This includes cities across the length and breadth of the country, from metropolitan hubs like Mumbai, Delhi, and Bangalore to emerging business centers in tier 2 and tier 3 cities.

Year of Establishment: The year in which the company was founded or established, providing historical context and highlighting its longevity and experience in the market.

Key Products/Services: Description of the primary products or services offered by the company, showcasing its areas of specialization and core competencies.

Market Positioning: Insights into the company's market positioning, competitive landscape, and strategic initiatives, which may include market share, brand reputation, and differentiation strategies.

Key Observations:

Sectoral Diversity: The dataset reflects the rich diversity of industries present in India's economy, ranging from traditional sectors like agriculture and manufacturing to modern, technology-driven industries such as IT and e-commerce.

Geographic Spread: Companies in the dataset are spread across various states and regions of India, showcasing the country's economic decentralization and the emergence of new business hubs beyond traditional metropolitan areas.

Entrepreneurial Spirit: The dataset underscores India's thriving entrepreneurial ecosystem, characterized by a vibrant startup culture, innovation-driven enterprises, and a growing emphasis on technology and digital transformation.

Contribution to Economy: These 3000+ Indian companies collectively contribute significantly to India's economic growth, job creation, and global competitiveness, driving innovation, investment, and productivity across sectors.

Insights and Applications:

Market Analysis: Analysts and researchers can leverage the dataset to conduct in-depth market analysis, identify industry trends, and gain insights into the performance and growth trajectories of Indian companies across different sectors and regions.

Investment Opportunities: Investors seeking opportunities in India can use the dataset to identify promising companies for potential investment, based on industry dynamics, growth potential, and market positioning.

Policy Formulation: Policymakers and government agencies can utilize the dataset to formulate strategies, policies, and initiatives aimed at fostering entrepreneurship, promoting industrial growth, and enhancing the competitiveness of Indian businesses on the global stage.

Business Development: Entrepreneurs and business leaders can draw inspiration from the diverse array of Indian companies in the dataset, learning from their success stories, strategies, and best practices to drive their own business growth and innovation.