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Intelligence Journal
Manufacturing

ASI Manufacturing Intelligence: Beyond Headline IIP Numbers

Leveraging the Annual Survey of Industries for institutional EM positioning.

2026-02-08

GraphiQuestor Research

1 min read

ASI Manufacturing Intelligence: Beyond Headline IIP Numbers

While the Index of Industrial Production (IIP) provides a monthly pulse, the Annual Survey of Industries (ASI) provides the structural skeleton of the Indian manufacturing story.

Sectoral Gross Value Added (GVA)

By analyzing ASI data, we can see exactly where the "Value Addition" is happening. Is it in low-margin assembly or high-margin precision engineering? The delta in sectoral GVA is the ultimate signal for long-term equity allocation in the manufacturing space.

Capital Formation Trends

Data from the ASI reveals which sectors are reinvesting in fixed assets. This "Physical Capital Formation" is the prerequisite for the next leg of India's growth cycle.

The GraphiQuestor Edge

We provide direct integration with MoSPI's ASI infrastructure, delivering insights that lagging Western terminals cannot replicate.

Source: MoSPI ASI, GraphiQuestor Industrial Pulse.


GR
GraphiQuestor Research

GraphiQuestor Research team — institutional macro analysts specializing in emerging market volatility, sovereign risk, and monetary regime transitions.

About Team
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