Factory Net Value Added Across Indian States, 2004-2023

Net value added by registered factories in India reached Rs. 21 lakh crore in 2023, eight times the Rs. 2.6 lakh crore in 2004. NVA subtracts depreciation from GVA, making it a cleaner measure of the wealth actually generated by manufacturing. Growth slowed in 2018-19 as global…

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Factory Net Value Added, India

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Factory Net Value Added, India State-wise

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Factory Net Value Added

Historical Data

Year	Value
2004	259906.86
2005	311864.19
2006	395725.26
2007	481592.68
2008	527765.58
2009	592113.87
2010	704575.81
2011	764553.89
2012	851948.69
2013	895341.87
2014	975161.72
2015	1072485.09
2016	1145919.11
2017	1229674.18
2018	1273694.28
2019	1212647.71
2020	1335788.6
2021	1748324.66
2022	1880411.13
2023	2103143.35

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Source

Table 127: State-wise Net Value Added

IndiaPublished in 2025

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