The textiles sector is the second-largest employer in India, following agriculture, supporting over 45 million people directly and roughly 60 million indirectly. It contributes approximately 2.3% to the country's GDP, 13% to industrial production, and 12% to total exports. It is also the world's second-largest producer of silk and fibre.
Some of the major industries that significantly contribute to the economy include the textile industry, iron and steel, information technology (IT) and software services, automobiles, banking and finance, and the rapidly growing telecommunications sector.
The economy of India is a developing mixed economy with a notable public sector in strategic sectors. It is the world's fourth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 136th by nominal GDP and 119th by PPP-adjusted GDP.
The fastest growing sector in India in 2025 is Information Technology and Digital Services, supported by AI, cloud, and cybersecurity. Renewable energy and fintech are also showing rapid expansion with strong policy and investor backing.
Heavy industry is an industry that involves one or more characteristics such as large and heavy products; large and heavy equipment and facilities (such as heavy equipment, large machine tools, huge buildings and large-scale infrastructure); or complex or numerous processes.
The ICI measures the combined and individual performance of production of eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity.
The 4 different sectors of the economy are primary sector, secondary sector, tertiary sector and quaternary sector. The quaternary sector of the economy is based upon the economic activity that is associated with either the intellectual or knowledge-based economy.
Which business gives the highest profit in India? Pharmaceutical manufacturing, IT services, and real estate are among the highest-profit businesses due to high demand and large transaction values.
There are four main types of industry: primary, secondary, tertiary and quaternary. The type of industry a country specialises in changes over time. There are social, environmental and economic impacts of industry.
According to the United Nations Industrial Development Organization (UNIDO), China is the manufacturer with the highest output worldwide in 2023, producing 28.7% of the total global manufacturing output, followed by the United States of America, Germany, Japan, and India.
Nagaland has the lowest incidence of crime based on the percentage of share. India ranks 128 out of 177 countries in the 'Women, Peace And Security Index 2023'.
Automation will reach trucks, cars, delivery, farming machinery, taxis, ubers–you name it. Self-driving vehicles will change the dynamics of this industry. In the USA alone, this translates to the employment of 14 million people, 10 of whom are drivers. This industry will be one of the first to change.
The UK has booming sectors in Technology & IT, driven by AI, software, and cybersecurity; Renewable Energy & Green Tech, fueled by net-zero goals; Healthcare, with high demand for various professionals; Construction & Infrastructure, supported by projects; and Logistics & E-commerce, due to online shopping growth, with strong showings also in FinTech, Creative Industries, and Education Technology, according to data from late 2024 and 2025.
