By Manoj Kumar
NEW DELHI (Reuters) – The variety of jobs in small Indian companies comprising manufacturing, commerce and companies rose to 120.6 million in 2023/24 from 109.6 million a yr earlier, in line with a authorities report launched on Tuesday.
The estimated variety of small manufacturing companies elevated to twenty.15 million in 2023/24 from 17.83 million in 2022/23, whereas the entire variety of such companies spanning manufacturing, commerce and companies rose to 73.4 million from 65 million a yr earlier, the info confirmed.
The survey was carried out from October 2023 to September 2024.
“The unincorporated non-agricultural sector, comprising small manufacturing, commerce and different companies, performs a vital function within the economic system… contributing considerably to employment,” mentioned Saurabh Garg, secretary on the Ministry of Statistics, whereas releasing the annual report.
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