New Delhi, Jan. 29 -- Tabled by Finance Minister Nirmala Sitharaman on Thursday, the Economic Survey 2025-26 highlights strong momentum in India's industrial sector during the first half of FY2025-26, with Industry Gross Value Added (GVA) growing 7.0 per cent year-on-year (YoY) in real terms, recovering from 5.9 per cent growth in FY2024-25.

Manufacturing Growth Driven by Structural Shifts

The Survey notes that manufacturing GVA expanded by 7.72 per cent in Q1 and 9.13 per cent in Q2 of FY26, reflecting a clear pickup in activity.

This growth is attributed to ongoing structural changes within the sector, including a gradual shift toward higher-value manufacturing, improved access to industrial infrastructure through corridor-led develo...