{
  "id": 6314470,
  "title": "Gaining ground: Household manufacturing grows 4x faster than corporates",
  "url": "https://urgent.news/2026/09/08/gaining-ground-household-manufacturing-grows-4x-faster-than-corporates",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-08T18:22:35.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/indicators/gaining-ground-household-manufacturing-grows-4x-faster-than-corporates/articleshow/133937512.cms"
  },
  "original_language": "en",
  "account": "New Delhi: Household manufacturing is rapidly expanding in India's industrial economy, growing at four times the rate of corporate manufacturing from FY23 to FY25, according to recent data. Household units contributed 19.4% of manufacturing GVA in FY25, a significant increase from 14.8% in FY23, while corporate manufacturing's share dropped to 80.6%. This shift is driven by strong growth in smaller household businesses, accompanied by improved measurement of informal-sector activity. GVA from household manufacturing surged at a compound annual growth rate (CAGR) of 25.2% during FY23-25, outpacing the 6.7% growth of corporate manufacturing, even at constant prices. Household manufacturing units saw a 24.5% annual increase in operating surplus to ₹4.6 lakh crore in FY25, compared to a 7% rise to ₹15.3 lakh crore for corporate units. The growth in household manufacturing reflects a low base for these smaller businesses, but also highlights a significant share of self-employment. The trend in household manufacturing could signal continued expansion at the smaller end of the manufacturing base, according to a report by BofA Global Research.",
  "summary": "Household manufacturing in India is growing nearly four times faster than corporate entities. This sector's gross value added shows a substantial compound annual growth rate. Corporate manufacturing's share of total manufacturing GVA has seen a decrease. The expansion is driven by smaller businesses and better informal sector data. Textiles, apparel, and metal products lead household…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}