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Industry and Infrastructure 267

Table 1: Growth in Gross Value Added in Industry
Year

Sectors 2012- 2013- 2014- 2015- 2016- 2017- 2018- 2019- 2020- 2021-
13 14 15 16 17 18 19 20 21 22
3 RE 2 RE 1 RE PE 1 AE
st
st
rd
nd
Mining & quar- 0.6 0.2 9.7 10.1 9.8 -5.6 0.3 -2.5 -8.5 14.3
rying
Manufacturing 5.5 5.0 7.9 13.1 7.9 7.5 5.3 -2.4 -7.2 12.5
Electricity, gas,
water supply
& other utility 2.7 4.2 7.2 4.7 10.0 10.6 8.0 2.1 1.9 8.5
services
Construction 0.3 2.7 4.3 3.6 5.9 5.2 6.3 1.0 -8.6 10.7
Industry 3.3 3.8 7.0 9.6 7.7 5.9 5.3 -1.2 -7.0 11.8

Source: Survey calculations based on MoSPI data.
Figure 2: Growth trends in Industry’s Value Addition and its components

15.0 20.0

10.0
Growth Y-o-Y in percent 5.0 10.0

0.0
0.0

-5.0

-10.0
AE
-10.0
2012- 2013- 2014- 2015- 2016- 2017- 2018- 2019-20 2020-21 2021-22
13 14 15 16 17 18 19

Source: Survey calculations based on MoSPI data.

Index of Industrial Production (IIP)
8.4 The impact of the pandemic on the industrial sector is reflected in the negative growth of
8.4 percent in 2020-21. In April-November 2021-22 the IIP grew by 17.4 per cent as compared
to (-15.3) per cent in the corresponding period of the previous year. The supply side measures as
also steps to bolster demand, taken to address the contraction, are responsible for the significantly
improved performance of the industrial sector in 2021-22. In November 2021 the IIP index grew
by 1.4 per cent with the mining sector recorded a growth of 5.0 percent followed by electricity
at 2.1 percent and manufacturing at 0.9 percent. In terms of use-based classification also, the