Index Of Industrial Production

IIP growth was fastest in 26 months at 7.8 per cent in December

India's core sector output hit a FY26 high in December, with year-on-year growth rising to a four-month peak of 3.7%, led by electricity, cement and steel

The Ministry of Statistics and Programme Implementation (MoSPI) has proposed transition towards the chain-based method of index of Industrial Production (IIP) compilation, as it is undertaking a base-revision exercise of macroeconomic data. In the process of revising the base, the MoSPI is revisiting methodologies, exploring new data sources, and incorporating changes following comprehensive consultations with experts, academicians, users, and other stakeholders, an official statement said. Traditionally, the IIP was compiled using a fixed-base Laspeyres framework, in which sectoral and industry weights remain unchanged until a base-year revision. However, it stated that, with production shifts in response to demand, technological changes, and policy shifts, some industries expand, while others decline or disappear, and entirely new industries or production lines within an industry emerge. Therefore, fixed weights become progressively less relevant, thereby affecting the efficacy o

The government proposes to include online sources as well as e-commerce platforms to compute retail inflation in a bid to substantially improve reliability, accuracy, and overall quality of the consumer price index (CPI). Ministry of Statistics and Programme Implementation (MoSPI) is in the process of revising the base years for computing CPI, Index of Industrial Production (IIP) and Gross Domestic Product (GDP). The new series of CPI (consumer price index-based inflation) with base year (2024=100) data is scheduled to be released on February 12, 2026. The data on National Accounts with financial year 2022-23 as base year is scheduled to be released on February 27, 2026, while the new series of IIP data with base year 2022-23 will be released on May 28. MoSPI on Tuesday organised a pre-release consultative workshop on base revision of CPI, GDP and IIP. On inclusion of new data sources in CPI, the ministry said in addition to the data collected from physical outlets as being done i

Core sector growth eased to a 3-month low in September as output in coal, crude oil, refinery, and gas declined, even as steel demand stayed robust

While the manufacturing sector recorded growth of 3.8 per cent in August, the electricity sector grew by 4.1 per cent, and the mining sector registered 6.0 per cent growth during the same period

India's IIP rose 1.5% in June 2025, driven by a 3.9% growth in manufacturing, even as mining and electricity output declined

An early monsoon pulled electricity generation down by a sharp 5.8 per cent, the first contraction in nine months and the sharpest since June 2020

Manufacturing, which carries the largest weight in the IIP, rose 2.6% in May 2025

Among the sectors, manufacturing - which carries the largest weight in the index - grew 3.4 per cent, up from 3.0 per cent in March

The government's final consumption expenditure provided a temporary lift to the economy in Q2FY24 but it has since faded sharply, even registering a decline in Q1FY25

In March 2024, the IIP had grown by 5.4 per cent

Consumer non-durables contracted for 3rd straight month

The rupee gained 0.58 per cent against the dollar this month, while weakened 1.6 per cent in 2025

Water collection, disposal likely to be included in series starting next Feb

The Department for Promotion of Industry and Internal Trade (DPIIT) has asked manufacturing units to submit the monthly production statistics from April 2022 onwards for the new series of Index of Industrial Production (IIP). The department develops policies and strategies for industrial development in the country in line with the needs of the stakeholders. To meet this goal, monitoring industrial growth is necessary, and for that, the department has sought the unit's cooperation in providing the primary information on industrial production, the DPIIT has said in a communication. "In line with the above, you are requested to submit the monthly production statistics from April 2022 till the latest month and subsequent months," it added. The units can submit the data on a government portal. "The data you submit goes on to find representation in the IIP. As you may be aware, the IIP is an important indicator of industrial growth of the Nation, and your cooperation in this effort is .

Data showed that the manufacturing sector (5.8 per cent) led the revival in industrial production, followed by electricity (4.4 per cent) and mining sector (1.9 per cent) during the month

Industrial output in November 2024 grows at 5.2%, up from 3.5% in October 2024

The coal sector has registered a growth of 10.2 per cent among all eight core industries of the economy in May, the government said on Thursday. The index of coal industry has reached 184.7 points during May as compared to 167.6 points during the same month last year. "The coal sector has demonstrated highest growth of 10.2 per cent (provisional), following the electricity industry among the eight core industries for the month of May, 2024 as per the Index of Eight Core Industries (ICI)) (Base Year 2011-12) released by Ministry of Commerce & Industries," the coal ministry said in a statement. The driving force behind growth can be attributed to a considerable rise in coal production during May. This increase in production underscores the sector's capacity to meet growing demand of energy and manufacturing industries. The exceptional expansion of the coal sector, coupled with its substantial role in propelling the overall growth of the eight core industries, stands as evidence of .

Growth projections have been upgraded by various other agencies as well, with the median projection at 6.9 per cent