India's construction industry, valued at $255 billion, now employs 72 million people. The nation's manufacturing engine accounts for 17% of GDP, while its pharmaceutical sector ranks third globally by volume.
Key Takeaways
- India's construction industry valued at $255 billion in 2023
- India's installed power capacity reached 428.21 GW as of May 2024: June 2026
- India's manufacturing sector accounted for 17% of the total GDP in FY23
- India's mining sector contributed 2.4% to GDP in FY23
- India's pharma industry ranked 3rd by volume globally in 2023
India’s industry growth is accelerating, driven by rising manufacturing output and improving investment trends.
Related reading
01 · Category
Construction Sector23 stats
01
India's construction industry valued at $255 billion in 2023
02
Infrastructure investment reached INR 111 lakh crore in NIP till 2025
03
Road construction length added 34,000 km in FY23
04
Highway network length 1.46 lakh km as of 2023
05
Airport construction CAPEX INR 1 lakh crore planned FY24-29
06
Railway track electrification 93% complete by 2024
07
Metro rail network expanded to 939 km by 2024
08
Housing for All construction 1.12 crore houses completed till 2023
09
Real estate market size $200 billion in 2023
10
Steel consumption in construction 110 MT in FY23
11
Cement consumption 380 MT in FY23
12
Construction employment 72 million in 2022
13
Gati Shakti projects 44 corridors approved
14
Bharatmala Phase 1 length 34,800 km
15
Sagarmala port capacity addition 143 MTPA
16
Irrigation projects 102 under PMKSY
17
Urban infrastructure investment INR 15 lakh crore planned
18
Affordable housing units 1.18 crore sanctioned
19
Construction sector growth 9.9% in FY23
20
FDI in construction development $30.83 billion till March 2023
21
Warehousing capacity addition 100 million sq ft by 2024
22
Data centre capacity to reach 2 GW by 2026
23
Stadium construction under Khelo India, 1000+ facilities
Interpretation
Construction Sector Interpretation
India is not merely laying bricks and asphalt but systematically cementing its future, constructing the literal framework for a superpower at a speed that would make a bullet train blush.
02 · Category
Electricity Sector23 stats
01
India's installed power capacity reached 428.21 GW as of May 2024: June 2026
02
Thermal power generation was 1,269 billion units in FY23
03
Renewable energy capacity hit 125.15 GW as of March 2023: June 2026
04
Solar power capacity reached 70.1 GW in FY23
05
Wind power capacity was 42.0 GW in FY23
06
Hydro power capacity stood at 46.66 GW in FY23
07
Nuclear power capacity was 7.08 GW in FY23
08
Electricity consumption grew 8.7% in FY23
09
Per capita electricity consumption was 1,255 kWh in FY22
10
AT&C losses reduced to 17.91% in FY23
11
Electrification of households reached 99.9% under Saubhagya scheme by 2023
12
Pumped storage capacity was 4.75 GW in FY23
13
Coal-based power plants capacity 210.09 GW in FY23
14
Gas-based power capacity 24.20 GW in FY23
15
Large hydro projects under construction 12 GW
16
Green hydrogen production target 5 MMT by 2030
17
EV charging stations installed 12,146 as of May 2024: June 2026
18
Smart meter installations reached 5.85 million in FY23
19
Power sector CAPEX planned at INR 9.15 lakh crore for FY24-30
20
Peak demand met 223.84 GW on May 30, 2024
21
Energy generation from renewables was 14.2% of total in FY23
22
UDAY scheme reduced losses by 4.63% from 2015-22
23
RDSS investment approved INR 3 lakh crore
Interpretation
Electricity Sector Interpretation
While India's power sector impressively charges toward a green future with over 125 GW of renewables, the stubborn 210 GW of coal capacity still anchors the grid, proving the energy transition is a marathon sprinted at two different speeds.
03 · Category
Manufacturing Sector29 stats
01
India's manufacturing sector accounted for 17% of the total GDP in FY23
02
The production of steel in India reached 124.4 million tonnes in FY23
03
Automobile production in India was 25.93 million vehicles in FY23
04
India's textile and apparel exports stood at $16.41 billion in FY23
05
Cement production in India was 376.8 million tonnes in FY23
06
Pharmaceutical production value reached INR 4.25 lakh crore in FY22
07
India's engineering goods exports were $101.45 billion in FY23
08
Food processing industry turnover was INR 26.51 lakh crore in FY23
09
Leather and footwear production value was INR 2.48 lakh crore in FY22
10
Paper and paperboard production was 25.6 million tonnes in FY23
11
Fertilizer production in India was 49.3 million tonnes in FY23
12
India's electronics manufacturing grew to $75 billion in FY23
13
Gems and jewellery exports reached $37.73 billion in FY23
14
Chemical industry production was INR 17.82 lakh crore in FY23
15
Plastic production in India was 15.56 million tonnes in FY22
16
Shipbuilding output was 45 vessels in FY23
17
Bicycle production reached 23.4 million units in FY23
18
Fan production was 85 million units in FY22
19
Refrigerator production hit 12.5 million units in FY23
20
Washing machine production was 7.8 million units in FY23
21
AC production reached 10.2 million units in FY23
22
TV production was 14.5 million units in FY23
23
Mobile phone production hit 353 million units in FY23
24
Tractor production was 9.63 lakh units in FY23
25
Two-wheeler production reached 17.42 million units in FY23
26
Three-wheeler production was 0.58 million units in FY23
27
Commercial vehicle production hit 0.93 million units in FY23
28
Passenger vehicle production was 4.46 million units in FY23
29
Defence production value reached INR 1.06 lakh crore in FY23
Interpretation
Manufacturing Sector Interpretation
While these numbers show India can make everything from a life-saving pill to a missile, the 17% GDP share reveals the manufacturing engine is still warming up on the factory floor, not yet dominating the economic race.
More related reading
04 · Category
Mining Sector25 stats
01
India's mining sector contributed 2.4% to GDP in FY23
02
Coal production reached 893 million tonnes in FY23
03
Iron ore production was 278 million tonnes in FY23
04
Bauxite production hit 23.5 million tonnes in FY23
05
Limestone production was 1,017 million tonnes in FY23
06
Chromite production reached 4.1 million tonnes in FY23
07
Copper ore production was 4 million tonnes in FY23
08
Gold production stood at 3 tonnes in FY23
09
Diamond production was 0.02 million carats in FY23
10
Natural gas production reached 32.96 billion cubic meters in FY23
11
Crude oil production was 30.49 million tonnes in FY23
12
Lignite production hit 45.7 million tonnes in FY23
13
Manganese ore production was 3.1 million tonnes in FY23
14
Zinc concentrate production reached 8.2 lakh tonnes in FY23
15
Lead concentrate production was 1.6 lakh tonnes in FY23
16
Uranium production stood at 0.3 million tonnes of ore in FY22-23
17
Rare earths production was minimal at 2,900 tonnes in FY23
18
Gypsum production reached 3.8 million tonnes in FY23
19
Phosphorite production was 0.23 million tonnes in FY23
20
Mining employment was 2.8 million in FY23
21
Contribution of mining to industrial production index was 14.88% in July 2023
22
FDI in mining sector was $1.35 billion from April 2000 to June 2023
23
Exports of minerals were $8.5 billion in FY23
24
Coal imports stood at 176 million tonnes in FY23
25
Iron ore exports were 47 million tonnes in FY23
Interpretation
Mining Sector Interpretation
India is quietly extracting the bedrock of its growth—with enough coal, iron, and limestone to pave a new path forward, yet still leans on imported fuel and leaves its true geological wealth, like gold and rare earths, largely untapped.
05 · Category
Pharmaceuticals Sector25 stats
01
India's pharma industry ranked 3rd by volume globally in 2023
02
Pharma market size $42 billion in FY23
03
Generic drugs constitute 20% of global supply
04
Vaccine production capacity 220 million doses per month in 2023
05
API production incentives under PLI scheme INR 6,940 crore
06
Medical devices market $11 billion in FY23
07
Pharma exports $25.4 billion in FY23
08
Bulk drugs production to reach 50% self-reliance by 2023
09
Biotech industry turnover INR 1.38 lakh crore in FY23
10
Clinical trials market $1.73 billion in 2023
11
Patent filings in pharma 18,000+ in FY22
12
Ayush market size INR 80,000 crore in FY23
13
Nutraceuticals market $8 billion by 2023
14
Pharma R&D spend 8.4% of sales in FY23
15
Contract manufacturing 30% of production in 2023
16
USFDA approved plants 600+ from India in 2023
17
Biosimilars exports $1.5 billion in FY23
18
Active pharma ingredients 60% imported reduced target
19
Hospital supplies market $5 billion in FY23
20
Diagnostic kits production boosted post-COVID
21
PLI scheme for pharma 41 greenfield plants approved
22
India's chemical industry output $220 billion in FY23
23
Organic chemicals production growth 12% in FY23
24
Petrochemicals capacity 20 MTPA in FY23
25
Fertilizer consumption 59.65 MT in Kharif 2023
Interpretation
Pharmaceuticals Sector Interpretation
India's pharma sector has become the world's reliable third-shift, not only by churning out a staggering volume of affordable generics and vaccines but by strategically building its own foundation from APIs to biosimilars, proving that global healthcare access and ambitious self-reliance can be potent prescriptions filled from the same factory floor.
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Sophie Moreland. (2026, February 13). India Industry Statistics. Gitnux. https://gitnux.org/india-industry-statistics
MLA
Sophie Moreland. "India Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/india-industry-statistics.
Chicago
Sophie Moreland. 2026. "India Industry Statistics." Gitnux. https://gitnux.org/india-industry-statistics.
Sources & references
68 datasets cited across this report · attribution is report-level