Total employment in manufacturing industries up 7.5% in FY23: Govt survey

The number of persons employed in manufacturing industries rose 7.5 per cent in 2022-23 to 1.85 crore from 1.72 crore in the previous year, says Annual Survey of Industries (ASI) by Ministry of Statistics and Programme Implementation (MoSPI). The estimated number of persons engaged in this sector in 2022-23 exceeded the pre-pandemic level (2018-19) by more than 22.14 lakh, a MoSPI statement said adding that at the same time, average emolument also registered an increase over the previous year. Also, the average emolument per person engaged in this sector had gone up by 6.3 per cent in 2022-23 in comparison to 2021-22. The number of total persons engaged in manufacturing industries increased to 1,84,94,962 in 2022-23 from 1,72,15,350 in 2021-22. The figure was 1,60,89,700 in 2020-21, 1,66,24,291 in 2019-20 and 1,62,80,211 in 2018-19, the ASI data showed. The results show that the Gross Value Added (GVA) grew by 7.3 per cent in current prices in 2022-23 over 2021-22. The increase