GITNUXREPORT 2025

India Industry Statistics

India's diverse industries show rapid growth across manufacturing, energy, and technology.

Jannik Lindner

Jannik Linder

Co-Founder of Gitnux, specialized in content and tech since 2016.

First published: April 29, 2025

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Key Statistics

Statistic 1

India’s consumer electronics market was valued at approximately $23 billion in 2022

Statistic 2

The Indian e-commerce market is projected to reach $200 billion by 2026

Statistic 3

The Indian jewelry market is expected to reach $108 billion by 2025

Statistic 4

The Indian tourism industry contributed around $40 billion to the economy in 2022

Statistic 5

The Indian apparel industry is projected to reach a market size of $59 billion by 2025

Statistic 6

India’s telecom subscriber base surpassed 1.2 billion in 2023

Statistic 7

The Indian toy industry is valued at around $2 billion in 2022

Statistic 8

The Indian startup ecosystem attracted over $15 billion in investments in 2022

Statistic 9

The Indian fashion industry is estimated to be worth $59 billion in 2022

Statistic 10

India’s digital payments market grew by over 55% in 2022, reaching a transaction volume of $450 billion

Statistic 11

The Indian edible oil market was valued at $20 billion in 2022

Statistic 12

India’s retail sector accounted for approximately 10% of the GDP in 2022

Statistic 13

The Indian gold jewelry market was valued at about $38 billion in 2022

Statistic 14

India’s renewable energy capacity reached 124 GW by August 2023

Statistic 15

India’s renewable energy investment was over $12 billion in 2022

Statistic 16

The Indian oil and gas industry accounted for about 4% of the GDP in 2022

Statistic 17

India’s coal production was around 893 million tonnes in 2022

Statistic 18

The renewable energy sector in India’s employment surpassed 1 million jobs in 2022

Statistic 19

The Indian mineral industry contributes approximately 2.5% to the national GDP

Statistic 20

India’s IT sector revenue was approximately $194 billion in 2022

Statistic 21

The total export value of Indian goods was $422 billion in 2022

Statistic 22

India’s knitwear export value was approximately $2.5 billion in 2022

Statistic 23

India’s textiles exports declined by about 6% in 2023 compared to previous year

Statistic 24

India’s pharmaceutical exports are valued at around $24 billion in 2022

Statistic 25

Indian handicrafts exports amounted to approximately $3 billion in 2022

Statistic 26

India’s manufacturing sector contributed approximately 16% to the GDP in 2022

Statistic 27

The Indian automobile industry was valued at around $118 billion in 2022

Statistic 28

The Indian pharmaceutical industry is expected to reach a market size of $55 billion by 2023

Statistic 29

The capacity utilization of Indian factories stood at about 72% in 2022

Statistic 30

India’s cement production was about 331 million tonnes in 2022

Statistic 31

The agricultural sector accounts for nearly 18% of India’s GDP

Statistic 32

India’s steel production was approximately 125 million tonnes in 2022

Statistic 33

The Indian textiles industry has an estimated market size of $150 billion

Statistic 34

India’s diamond cutting and polishing industry employs over 1 million people

Statistic 35

The plastics industry in India was worth about $23 billion in 2022

Statistic 36

India’s packaging industry is valued at approximately $26 billion

Statistic 37

India’s chemical industry processed over 15 million tonnes of chemicals in 2022

Statistic 38

India’s sugar production was approximately 330 million tonnes in 2022

Statistic 39

The Indian packaging industry is projected to grow at a CAGR of 15% during 2022-2027

Statistic 40

India’s electronics manufacturing sector is expected to reach $300 billion by 2026

Statistic 41

Food processing industry in India is expected to reach $535 billion by 2025

Statistic 42

India’s paper industry reported sales of approximately $11 billion in 2022

Statistic 43

India’s leather industry generated revenues close to $15 billion in 2022

Statistic 44

India’s cement consumption is expected to reach 440 million tonnes by 2025

Statistic 45

The Indian hosiery and knitwear sector is projected to grow at a CAGR of 8% through 2025

Statistic 46

India’s railway freight volume was around 1.3 billion tonnes in 2022

Statistic 47

The telecommunications sector invested around $11 billion in infrastructure in 2022

Statistic 48

The Indian logistics industry is valued at around $215 billion as of 2023

Statistic 49

India’s logistics industry is expected to reach $350 billion by 2030

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Key Highlights

  • India’s manufacturing sector contributed approximately 16% to the GDP in 2022
  • India’s renewable energy capacity reached 124 GW by August 2023
  • The Indian automobile industry was valued at around $118 billion in 2022
  • The Indian pharmaceutical industry is expected to reach a market size of $55 billion by 2023
  • India’s IT sector revenue was approximately $194 billion in 2022
  • The capacity utilization of Indian factories stood at about 72% in 2022
  • India’s railway freight volume was around 1.3 billion tonnes in 2022
  • The total export value of Indian goods was $422 billion in 2022
  • India’s consumer electronics market was valued at approximately $23 billion in 2022
  • The Indian e-commerce market is projected to reach $200 billion by 2026
  • India’s cement production was about 331 million tonnes in 2022
  • The agricultural sector accounts for nearly 18% of India’s GDP
  • India’s steel production was approximately 125 million tonnes in 2022

India’s bustling industries are rewriting the economic landscape, with manufacturing contributing 16% to GDP and sectors like renewable energy, automotive, pharmaceuticals, IT, and e-commerce witnessing explosive growth and innovation.

Consumer Markets and Retail

  • India’s consumer electronics market was valued at approximately $23 billion in 2022
  • The Indian e-commerce market is projected to reach $200 billion by 2026
  • The Indian jewelry market is expected to reach $108 billion by 2025
  • The Indian tourism industry contributed around $40 billion to the economy in 2022
  • The Indian apparel industry is projected to reach a market size of $59 billion by 2025
  • India’s telecom subscriber base surpassed 1.2 billion in 2023
  • The Indian toy industry is valued at around $2 billion in 2022
  • The Indian startup ecosystem attracted over $15 billion in investments in 2022
  • The Indian fashion industry is estimated to be worth $59 billion in 2022
  • India’s digital payments market grew by over 55% in 2022, reaching a transaction volume of $450 billion
  • The Indian edible oil market was valued at $20 billion in 2022
  • India’s retail sector accounted for approximately 10% of the GDP in 2022
  • The Indian gold jewelry market was valued at about $38 billion in 2022

Consumer Markets and Retail Interpretation

India's booming industries—ranging from a $23 billion consumer electronics market to a $200 billion e-commerce sector—illustrate a dynamic economy where digital innovation and consumer spending are simultaneously fueling prosperity and opportunity, yet remind us that behind these impressive numbers lies the ongoing challenge of translating growth into inclusive progress.

Energy and Resources

  • India’s renewable energy capacity reached 124 GW by August 2023
  • India’s renewable energy investment was over $12 billion in 2022
  • The Indian oil and gas industry accounted for about 4% of the GDP in 2022
  • India’s coal production was around 893 million tonnes in 2022
  • The renewable energy sector in India’s employment surpassed 1 million jobs in 2022
  • The Indian mineral industry contributes approximately 2.5% to the national GDP

Energy and Resources Interpretation

India’s energy landscape is transforming from a coal- and oil-dependent economy contributing modestly to GDP into a burgeoning renewable powerhouse, with over 124 GW of clean energy capacity and a million green jobs, signaling a shift that’s almost as big as its mineral reserves—yet still balancing economic growth with sustainable ambition.

Exports and International Trade

  • India’s IT sector revenue was approximately $194 billion in 2022
  • The total export value of Indian goods was $422 billion in 2022
  • India’s knitwear export value was approximately $2.5 billion in 2022
  • India’s textiles exports declined by about 6% in 2023 compared to previous year
  • India’s pharmaceutical exports are valued at around $24 billion in 2022
  • Indian handicrafts exports amounted to approximately $3 billion in 2022

Exports and International Trade Interpretation

While India’s IT and pharmaceutical sectors continue to be shining stars on the global stage, the modest decline in textiles exports in 2023 suggests that even the most vibrant industries must navigate the ebbs and flows of market dynamics to maintain their edge.

Industry and Manufacturing

  • India’s manufacturing sector contributed approximately 16% to the GDP in 2022
  • The Indian automobile industry was valued at around $118 billion in 2022
  • The Indian pharmaceutical industry is expected to reach a market size of $55 billion by 2023
  • The capacity utilization of Indian factories stood at about 72% in 2022
  • India’s cement production was about 331 million tonnes in 2022
  • The agricultural sector accounts for nearly 18% of India’s GDP
  • India’s steel production was approximately 125 million tonnes in 2022
  • The Indian textiles industry has an estimated market size of $150 billion
  • India’s diamond cutting and polishing industry employs over 1 million people
  • The plastics industry in India was worth about $23 billion in 2022
  • India’s packaging industry is valued at approximately $26 billion
  • India’s chemical industry processed over 15 million tonnes of chemicals in 2022
  • India’s sugar production was approximately 330 million tonnes in 2022
  • The Indian packaging industry is projected to grow at a CAGR of 15% during 2022-2027
  • India’s electronics manufacturing sector is expected to reach $300 billion by 2026
  • Food processing industry in India is expected to reach $535 billion by 2025
  • India’s paper industry reported sales of approximately $11 billion in 2022
  • India’s leather industry generated revenues close to $15 billion in 2022
  • India’s cement consumption is expected to reach 440 million tonnes by 2025
  • The Indian hosiery and knitwear sector is projected to grow at a CAGR of 8% through 2025

Industry and Manufacturing Interpretation

India’s diverse industrial landscape, from automotive to textiles, underscores the nation’s strategic balancing act of robust growth—projected to reach $300 billion in electronics and $535 billion in food processing by 2025—while maintaining the capacity to keep factories humming at 72%, all hinting that India is geared up for a manufacturing revolution with a touch of wit and a lot of serious promise.

Infrastructure and Transportation

  • India’s railway freight volume was around 1.3 billion tonnes in 2022
  • The telecommunications sector invested around $11 billion in infrastructure in 2022
  • The Indian logistics industry is valued at around $215 billion as of 2023
  • India’s logistics industry is expected to reach $350 billion by 2030

Infrastructure and Transportation Interpretation

India's ambitious push in railway freight, telecom infrastructure, and logistics signals a nation accelerating toward a future where connectivity and commerce are poised to grow at an unprecedented clip—yet, the true test lies in transforming these investments into seamless, nationwide efficiency.

Sources & References