Manufacturing business earnings in Lakshadweep: ₹95,290 (value added per business a year). An average small manufacturing business in Lakshadweep adds ₹95,290 of value a year, 50% below the India average of ₹1,88,790. Lakshadweep has 1,177 such businesses, 0.01% of India's (rank 35). The survey sample is small, so treat these figures as indicative.
Data last updated · Period: 2023-24
Understanding the chart
The bar chart above shows small business earnings in Lakshadweep: manufacturing, with one bar for each of the 6 figures. Each bar is labelled with its exact value, and values are value. The longest bar is the highest. The bars are, in order: Lakshadweep, combined at ₹95,290; Lakshadweep, urban at ₹87,438; Lakshadweep, rural at ₹1,29,490; India, combined at ₹1,88,790; Pay per hired worker, Lakshadweep at ₹1,25,527; Pay per hired worker, India at ₹1,25,345. The data table below the chart lists every value, and you can download the data, embed the chart or share it from the buttons above. The figures cover 2023-24 and come from MoSPI, ASUSE 2023-24 full report, Appendix A Tables 5, 34 and 38 (October 2023 to September 2024).
Key insights
- Value added per small manufacturing business in Lakshadweep ranks 35th of 36 states and union territories.
- An urban manufacturing business in Lakshadweep adds 0.7 times as much value as a rural one (₹87,438 against ₹1,29,490 a year).
- Hired workers earn ₹1,25,527 a year on average, about the same as the India average for the sector.
Analysis
Overall, Lakshadweep (₹95,290) is 50% lower than India (₹1,88,790), a gap of ₹93,500. Pay per hired worker in Lakshadweep (₹1,25,527 a year) is about the same as India (₹1,25,345). In Lakshadweep, one hired worker's yearly pay equals about 132% of the value an average business adds in a year. In Lakshadweep, the urban figure is 32% lower than the rural one (₹87,438 against ₹1,29,490).
What it means
These figures help judge both opportunity and competition. Many small businesses in a sector or state signal steady local demand, but also crowded markets where price, location and service decide who wins customers. Higher value added per business suggests more room for profit and for paying workers. Owners typically use these benchmarks to set realistic sales targets and to check whether their own plan is in line with similar businesses.
Related figures
- Number of small businesses in Lakshadweep by sector, 2023-24: 4,477 (unincorporated non-farm businesses). Lakshadweep has about 4,477 small unincorporated businesses: 1,177 in manufacturing, 1,018 in trade and 2,282 in other services.
- Small business earnings in Lakshadweep: trade, 2023-24: ₹3,55,232 (value added per business a year). An average small trade business in Lakshadweep adds ₹3,55,232 of value a year, 30% above the India average of ₹2,73,779.
- Small business earnings in Lakshadweep: services, 2023-24: ₹2,29,510 (value added per business a year). An average small services business in Lakshadweep adds ₹2,29,510 of value a year, 12% below the India average of ₹2,62,239.
About this statistic
These figures come from MoSPI's Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2023-24, which covers proprietorships, partnerships and other unincorporated businesses outside farming and construction: the shops, workshops, food stalls and service businesses that make up most of India's enterprises. Value added is what a business produces minus what it spends on materials and other inputs, before paying workers, rent, interest and the owner.
The survey is the best official picture of India's small businesses: how many there are, where, in which activities, and what they earn. Small survey samples are flagged, and averages can hide wide variation between businesses.
Questions and answers
What do the figures show for small business earnings in Lakshadweep: manufacturing?
₹95,290 (value added per business a year). An average small manufacturing business in Lakshadweep adds ₹95,290 of value a year, 50% below the India average of ₹1,88,790. Lakshadweep has 1,177 such businesses, 0.01% of India's (rank 35). The survey sample is small, so treat these figures as indicative.
How does Lakshadweep compare?
Value added per small manufacturing business in Lakshadweep ranks 35th of 36 states and union territories. An urban manufacturing business in Lakshadweep adds 0.7 times as much value as a rural one (₹87,438 against ₹1,29,490 a year).
Where does this data come from?
From MoSPI, ASUSE 2023-24 full report, Appendix A Tables 5, 34 and 38 (October 2023 to September 2024), covering 2023-24. Value added is output minus inputs, before paying workers, rent, interest and the owner. India averages are weighted by the number of businesses in each state. Survey sample: 20 businesses (fewer than 100, indicative only).
Data
| Measure (₹ a year) | Value |
|---|---|
| Lakshadweep, combined | ₹95,290 |
| Lakshadweep, urban | ₹87,438 |
| Lakshadweep, rural | ₹1,29,490 |
| India, combined | ₹1,88,790 |
| Pay per hired worker, Lakshadweep | ₹1,25,527 |
| Pay per hired worker, India | ₹1,25,345 |
Source and notes
Source: MoSPI, ASUSE 2023-24 full report, Appendix A Tables 5, 34 and 38 (October 2023 to September 2024). Period: 2023-24. Coverage: Lakshadweep.
Value added is output minus inputs, before paying workers, rent, interest and the owner. India averages are weighted by the number of businesses in each state. Survey sample: 20 businesses (fewer than 100, indicative only).
Cite this statistic
Please also credit the original source: MoSPI, ASUSE 2023-24 full report, Appendix A Tables 5, 34 and 38 (October 2023 to September 2024).Related statistics
- Number of small businesses in Lakshadweep by sector, 2023-24
- Small business earnings in Lakshadweep: trade, 2023-24
- Small business earnings in Lakshadweep: services, 2023-24
- Number of small businesses by state in India, 2023-24
- Number of small businesses in Delhi by sector, 2023-24
- Number of small businesses in Goa by sector, 2023-24
- Number of small businesses in Gujarat by sector, 2023-24
- Chemicals and chemical products (including soaps and cosmetics) in India: number of small businesses and earnings, 2023-24
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