Articles for tag: Adding, FY23, Growth, Indias, Jobs, Manufacturing, Million, PostPandemic, Recovery, Robust, Sector, Showing, Surged

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India’s manufacturing sector surged in FY23, adding 1.3 million jobs and showing robust growth amid post-pandemic recovery.

India’s manufacturing sector surged in FY23, adding 1.3 million jobs and showing robust growth amid post-pandemic recovery.

India’s manufacturing sector experienced significant job growth in FY23, adding 1.3 million new positions, up from 1.1 million in FY22. Data from the National Statistical Organisation shows a 7.4% rise in employment, reaching 18.5 million workers. This positive trend correlated with a 7.3% increase in the sector’s gross value added, totaling Rs 21.97 trillion. Key ...

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