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Industry Sector Contribution to GDP in India (1990-2022)

Industry Sector Contribution to GDP in India (1990-2022)

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TGM StatBox. (2024). Industry Sector Contribution to GDP in India (1990-2022). TGM StatBox.
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Key Takeaways

India's industry sector contribution peaked in the late 2000s, reaching 31.1% as the country underwent rapid economic expansion. However, post-2014, the sector's contribution declined as services, particularly IT and digital services, began dominating. Recent years show stabilization around 25-26%, as the government invests in “Make in India” and infrastructure projects to revive manufacturing. This stabilization reflects India’s effort to balance industrial growth alongside a burgeoning service sector, positioning the country as a hybrid economy focused on both industrial and technological advancement.

For additional information, visit statistics on India’s working-age population share, India’s military personnel per capita, India’s services sector GDP share.

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