Manufacturing; value added (US dollar) in India

The Manufacturing; value added (US dollar) in India was last reported at 226787017212.29 in 2010, according to a World Bank report released in 2011. The Manufacturing; value added (US dollar) in India was 190333052985.70 in 2009, according to a World Bank report, published in 2010. The Manufacturing; value added (US dollar) in India was reported at 177786321062.95 in 2008, according to the World Bank. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.This page includes a historical data chart, news and forecasts for Manufacturing; value added (US dollar) in India. India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of services. Services are the major source of economic growth, accounting for more than half of India's output with less than one third of its labor force. The economy has posted an average growth rate of more than 7% in the decade since 1997, reducing poverty by about 10 percentage points.

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