Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for India
INDPROMANAISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.98
Year-over-Year Change
34.37%
Date Range
1/1/1995 - 1/1/2023
Summary
This economic trend measures the production volume of the manufacturing sector in India. It is a key indicator of the overall health and activity of the Indian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Production Volume: Economic Activity: Manufacturing for India index tracks the output and production levels of the manufacturing industry in India. It serves as an important barometer for analyzing the state of the country's industrial sector and overall economic performance.
Methodology
The data is collected through surveys of manufacturing firms and industrial production facilities.
Historical Context
This metric is closely monitored by policymakers, economists, and market analysts to assess the trajectory of the Indian economy.
Key Facts
- India is the sixth-largest manufacturing economy in the world.
- Manufacturing accounts for around 16% of India's GDP.
- The sector employs over 50 million people in the country.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume and output levels of the manufacturing sector in India. It provides insights into the overall industrial activity and economic performance of the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is a crucial indicator for understanding the state of the Indian economy, as the manufacturing sector plays a significant role in the country's growth and development.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing firms and industrial production facilities across India.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts closely monitor this metric to assess the trajectory of the Indian economy and inform their decision-making processes.
Q: Are there update delays or limitations?
A: The data is published with a slight delay, typically a few weeks after the end of the reporting period. There may also be occasional revisions to the historical data.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for India (INDPROMANAISMEI), retrieved from FRED.