Research question
How much of economic value is transmitted to workers across India’s manufacturing sectors?
For every rupee of growth in India's manufacturing sectors, how much reaches the workers who created it? Calculated sector by sector, updated annually using Annual Survey of Industries microdata.
Select sector
Gems & jewellery
Apparel
Textiles
Leather
Footwear
Marine products
Pharmaceuticals
Labour share — baseline year
43.1%
2021–22 pre-growth baseline
Labour share — latest year
40.8%
2023–24 (ASI latest)
Real wage change
−5.9%
After CPI-IW inflation adjustment
Transmission gap
−8.8 pp
34.3% marginal vs 43.1% baseline
Labour share of gross value added ASI 2023–24
What share of every rupee created by this sector reached workers as wages? Lower is worse for workers. The dotted line shows the pre-growth baseline.
Labour share Baseline
Nominal vs real wage growth
Wages look like they rose — until inflation is applied.
Nominal Real
Who captured the extra value?
Of incremental GVA generated during growth period.
Workers Capital
Sector comparison — transmission gap (pp vs pre-growth baseline)
Negative bar = workers captured less of growth than their baseline share. Positive bar = workers captured more. Grey = gap not applicable.
Marine products (NIC 1020)−15.6 pp
Apparel (NIC 1410)−11.8 pp
Gems & jewellery (NIC 3211)−8.8 pp
Leather (NIC 1512)−6.4 pp
Footwear (NIC 1520)+30.3 pp
Textiles (NIC 1311–1313) — sector contracted, gap not applicableN/A
Pharmaceuticals (NIC 2100) — non-monotonic GVA, gap not applicableN/A
Plain English — what does this mean?
Data: Annual Survey of Industries (ASI), National Statistical Office — Table 1 (GVA) and Table 3 (wages, employment), NIC 2008. Real wages deflated by Consumer Price Index for Industrial Workers (CPI-IW), Labour Bureau, Ministry of Labour and Employment (base: 2021–22 = 100). Transmission Gap = workers’ share of incremental GVA minus baseline labour share. Not applicable where GVA declined or was non-monotonic. Coverage: registered factory sector only. Last updated: ASI 2023–24. Next update: ASI 2024–25, expected late 2026.

Transmission Gap Framework © 2026 Ahan Dasgupta.

Methodology

The Transmission Gap Framework uses publicly available government data to answer one question: for every rupee of value that India's manufacturing sectors generate, how much reaches the workers who created it? This page explains how the calculation works, where the data comes from, and what the results mean. Economic value is measured as gross value added, computed from Annual Survey of Industries microdata. Transmission is measured as the labour share of incremental GVA during identified sector growth episodes.

The data source

All calculations use the Annual Survey of Industries (ASI), published every year by India's National Statistical Office under the Ministry of Statistics and Programme Implementation. The ASI is a mandatory survey of all registered factories under the Factories Act, 1948. Every factory must report its employment, wages, output, and gross value added. The framework uses two tables from each annual volume: Table 1 for gross value added and total output, and Table 3 for wages, salaries, and employment by category.

Wages are adjusted for inflation using the Consumer Price Index for Industrial Workers (CPI-IW), published by the Labour Bureau under the Ministry of Labour and Employment. The baseline year is 2021–22, which is set to an index of 100. All subsequent years are deflated accordingly to produce real wage figures.

How labour share is calculated

Labour share is the fraction of a sector's gross value added that goes to workers as wages. Gross value added is the value the sector creates after deducting the cost of raw materials and inputs — it is the pool from which wages, profits, and other factor payments are drawn. A higher labour share means workers are capturing more of the value they help create.

Labour Share (%) = (Total Wages and Salaries ÷ Gross Value Added) × 100

The framework reports two versions of this: one using total emoluments including employers' contributions, and one using worker wages only (line 1.1.1 in ASI Table 3), which covers production workers specifically and excludes supervisory and managerial salaries.

How the Transmission Gap is calculated

The Transmission Gap measures how well a sector's growth is being shared with workers. It compares two things: the share of the sector's total value that normally goes to workers (the baseline), and the share of the extra value created during a growth period that actually went to workers (the marginal share).

Baseline Labour Share = Labour Share in 2021–22 (the pre-growth year)
Marginal Labour Share = (Incremental Wages ÷ Incremental GVA) × 100
Transmission Gap = Marginal Labour Share − Baseline Labour Share

A negative gap means workers captured a smaller share of the growth than their baseline share — the sector grew but the gains did not reach workers proportionately. A positive gap means workers captured more than their usual share — growth was distributed toward workers rather than away from them.

The Transmission Gap is not applicable when a sector's GVA declined during the observation period (as with textiles) or when GVA was non-monotonic — falling then recovering — during the period (as with pharmaceuticals). In these cases the framework reports labour share trajectories instead, which tell a different but equally meaningful story.

How the sectors were selected

Sectors were selected on two criteria: they are labour-intensive registered manufacturing sectors covered by the ASI, and they have experienced significant export growth in the 2021–24 period, in several cases linked to India's preferential trade agreements with the UAE (CEPA, 2022) and Australia (ECTA, 2022). The seven sectors currently in the framework are gems and jewellery (NIC 3211), apparel (NIC 1410), textiles (NIC 1311–1313), leather (NIC 1512), footwear (NIC 1520), marine products (NIC 1020), and pharmaceuticals (NIC 2100).

How the framework updates

1
The ASI publishes a new annual volume, typically 12 to 18 months after the reference year ends.
2
The six numbers required per sector — GVA, total output, total wages, worker wages, total persons engaged, and workers only — are extracted from Table 1 and Table 3 of the new volume.
3
The CPI-IW index for the new reference year is retrieved from the Labour Bureau and added to the inflation adjustment series.
4
Labour share, real wages, and the Transmission Gap are recalculated for all sectors. The framework's charts and plain English summaries are updated to reflect the new data.
5
The updated framework is published. A one-off calculation becomes a time series. A time series becomes a trend. A trend becomes impossible to dismiss.

About

Ahan Dasgupta is a researcher and social entrepreneur focused on the distributional effects of trade policy in India. He is the founder of Meri Mitti, a fair-trade platform for artisan communities in Jharkhand and Bihar, recognised by DPIIT and the United Nations.

The Transmission Gap Framework is his attempt to make the distributional consequences of India's export economy visible to the people who need to understand them.

Every year the government publishes factory data in a dense PDF. The framework automatically extracts the right numbers, runs the labour share calculation, stores the result, and displays it on a public website in plain English with charts — so a journalist, policymaker, or student can see in thirty seconds what would otherwise take an afternoon of government PDF navigation to find. The question has existed for decades. The data has existed for decades. This framework makes the answer public.

The research question

India's export economy is measured continuously and in detail. Bilateral trade volumes, tariff utilisation rates, export revenues, GDP contributions — these numbers are tracked, reported, and debated every quarter. What is never tracked is the number that matters most to the workers generating that growth: of every rupee of value their sector creates, how much actually reaches them?

The data to answer this question has existed for decades in the Annual Survey of Industries. The calculation is straightforward arithmetic. Nobody had done it systematically, made it publicly accessible, or updated it annually. The Transmission Gap Framework does all three.

What the framework is not

The Transmission Gap Framework does not critique trade agreements. Trade agreements are instruments of commercial diplomacy whose purpose is to reduce tariffs and expand bilateral trade — not to protect workers. The framework does not evaluate trade or labour policy. Its purpose is narrower: to measure how much of growth reaches workers within sectors that have experienced significant export growth episodes. What conclusions policymakers, researchers, or the public draw from that measurement lies beyond the scope of the framework itself.

How to cite this framework

Dasgupta, A. (2026). Transmission Gap Framework. Zenodo. https://doi.org/10.5281/zenodo.20094088

Questions and feedback

Methodology and analysis released under Creative Commons Attribution 4.0 International (CC BY 4.0). Code released under the MIT License. For questions about the methodology, data, or research, contact ahan@merimitti.org.

Transmission Gap Framework © 2026 Ahan Dasgupta.

Limitations

The Transmission Gap Framework is designed to be honest about what it can and cannot show. Every measurement tool has constraints. Understanding these limitations is essential for interpreting the findings correctly.

Coverage

Registered factories only

The Annual Survey of Industries covers only registered factories under the Factories Act. In gems and jewellery, this captures approximately 274,000 workers against an estimated 5 million total sector workforce. The informal majority — home-based piece-rate workers, small unregistered units — is invisible to this framework. The distributional outcomes documented here almost certainly understate the true extent of the transmission failure across the full workforce, because informal workers are structurally more vulnerable than their registered counterparts.

Causation

Descriptive, not causal

The framework documents patterns. It does not prove that any specific policy, trade agreement, or institutional feature caused the observed transmission gaps. Concurrent forces — post-COVID recovery dynamics, global commodity price movements, the secular global decline in labour share — may explain some or all of the patterns observed. Establishing causation requires a comparison group design (difference-in-differences) that this framework does not currently implement. The findings should be read as evidence that warrants investigation, not as proof of a mechanism.

Baseline year

Post-COVID baseline

The baseline year of 2021–22 falls within the post-COVID economic recovery period. Revenues may have recovered faster than wages adjusted in this year, meaning the baseline labour share could be temporarily elevated relative to a longer-run average. If true, the subsequent decline in labour share may partly reflect normalisation rather than genuine deterioration. Pre-pandemic ASI data (2019–20, 2020–21) would allow a more robust baseline to be constructed. This is a planned extension of the framework.

Transmission Gap applicability

Not applicable to contracting or non-monotonic sectors

The Transmission Gap formula requires positive incremental GVA to be meaningful. Where GVA declined (textiles) or followed a non-monotonic path (pharmaceuticals), the framework reports labour share trajectories instead. These trajectories are informative but cannot be directly compared to the Transmission Gap figures reported for other sectors.

Wage deflation

Asymmetric deflation

Real wages are deflated using CPI-IW, which tracks consumer prices for industrial workers. GVA is reported in nominal terms and is not deflated, because no sector-specific producer price deflator is readily available for most sectors in this framework. This means real wage comparisons with nominal GVA growth are not fully symmetric. If anything, this asymmetry understates the divergence between GVA growth and real wage growth.

Annual data lag

12 to 18 month publication lag

The ASI is published approximately 12 to 18 months after the reference year ends. The framework therefore always reflects conditions from at least one year ago. It cannot track real-time developments in sector performance or respond immediately to policy changes. This is a constraint of the underlying data source rather than the framework's design.