Value Added (Total Manufacturing) — Value US$ in India

India: Value Added (Total Manufacturing) — Value US$ was 462,443 million USD in 2023. ◆ Volatile

Latest (2023)
462,443 million USD
Change on year
up 2.8%
World rank
6th
of 236 countries
All-time high
462,443 million USD
in 2023
All-time low
8,714 million USD
in 1970
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Value US$ in India, 1970–2023

0100.0k200.0k300.0k400.0k500.0k197019962023

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for value added (total manufacturing) — value us$ in India is 462,443 million USD, measured in 2023. That is the highest value across all 54 years on record.

Compared with earlier readings it is up 2.8% on the previous year and up 58.1% over ten years.

Over the whole period, value added (total manufacturing) — value us$ in India peaked at 462,443 million USD in 2023 and was at its lowest, 8,714 million USD, in 1970.

India ranks 6th of 236 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Value US$ in India, year by year

Annual values for Value Added (Total Manufacturing) — Value US$ in India, 1970 to 2023.
Year million USD Change
1970 8,714 million USD —
1971 9,679 million USD +11.1%
1972 10,609 million USD +9.6%
1973 12,593 million USD +18.7%
1974 15,465 million USD +22.8%
1975 15,560 million USD +0.6%
1976 16,094 million USD +3.4%
1977 18,485 million USD +14.9%
1978 22,704 million USD +22.8%
1979 26,213 million USD +15.5%
1980 30,256 million USD +15.4%
1981 32,066 million USD +6.0%
1982 32,635 million USD +1.8%
1983 35,966 million USD +10.2%
1984 36,027 million USD +0.2%
1985 37,123 million USD +3.0%
1986 40,238 million USD +8.4%
1987 44,830 million USD +11.4%
1988 49,648 million USD +10.7%
1989 52,213 million USD +5.2%
1990 55,989 million USD +7.2%
1991 46,544 million USD -16.9%
1992 47,092 million USD +1.2%
1993 46,011 million USD -2.3%
1994 55,387 million USD +20.4%
1995 66,818 million USD +20.6%
1996 69,629 million USD +4.2%
1997 71,422 million USD +2.6%
1998 68,350 million USD -4.3%
1999 69,254 million USD +1.3%
2000 74,628 million USD +7.8%
2001 75,398 million USD +1.0%
2002 78,466 million USD +4.1%
2003 92,138 million USD +17.4%
2004 111,286 million USD +20.8%
2005 131,556 million USD +18.2%
2006 162,493 million USD +23.5%
2007 199,799 million USD +23.0%
2008 216,721 million USD +8.5%
2009 225,984 million USD +4.3%
2010 285,544 million USD +26.4%
2011 302,115 million USD +5.8%
2012 294,334 million USD -2.6%
2013 292,409 million USD -0.7%
2014 307,780 million USD +5.3%
2015 334,548 million USD +8.7%
2016 347,304 million USD +3.8%
2017 394,128 million USD +13.5%
2018 411,256 million USD +4.3%
2019 384,136 million USD -6.6%
2020 378,342 million USD -1.5%
2021 458,969 million USD +21.3%
2022 449,906 million USD -2.0%
2023 462,443 million USD +2.8%

India compared with similar countries

  • India's 462,443 million USD is above the median for lower middle income countries, which is 2,374 million USD, 194.8× the median. (44 countries reporting)
  • India's 462,443 million USD is above the median for South Asia, which is 8,484 million USD, 54.5× the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 15,611 million USD 8,714 million USD 26,213 million USD 10
1980s 39,100 million USD 30,256 million USD 52,213 million USD 10
1990s 59,650 million USD 46,011 million USD 71,422 million USD 10
2000s 136,847 million USD 74,628 million USD 225,984 million USD 10
2010s 335,355 million USD 285,544 million USD 411,256 million USD 10
2020s 437,415 million USD 378,342 million USD 462,443 million USD 4

Countries ranked near India

  1. 3 Japan 842,797 million USD compare
  2. 4 Germany 838,894 million USD compare
  3. 5 Republic of Korea 470,928 million USD compare
  4. 7 Mexico 365,491 million USD compare
  5. 8 Italy 353,622 million USD compare
  6. 9 France 296,997 million USD compare

See the full ranking of 266 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is value added (total manufacturing) — value us$ in India?
Value added (total manufacturing) — value us$ in India was 462,443 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — value us$ recorded in India?
The highest recorded value was 462,443 million USD in 2023.
What is the lowest value added (total manufacturing) — value us$ recorded in India?
The lowest recorded value was 8,714 million USD in 1970.
How does India rank for value added (total manufacturing) — value us$?
India ranks 6th out of 236 countries with data for 2023.
Is value added (total manufacturing) — value us$ rising or falling in India?
Over the last ten years it is up 58.1%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value US$ in India. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us/india/

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About this data

Indicator
Value Added (Total Manufacturing) — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
266 places, 13,170 data points, 1970–2023
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).