India: Industry value added, billion USD: For that indicator, The World Bank provides data for India from 1960 to 2016. The average value for India during that period was 146.03 billion U.S. dollars with a minumum of 7.97 billion U.S. dollars in 1960 and a maximum of 587.89 billion U.S. dollars in 2016. See the global rankings for that indicator or use the country comparator to compare trends over time.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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.