Index Of Industrial Production

Mining and quarrying output remained weak in H1 FY27, with fuel and non-metallic minerals driving the decline

The proposed expansion will increase the Index of Services Production's coverage from about 60 per cent to 78.4 per cent of services gross value added

Manufacturing growth rose to 9 per cent, its second-highest level in 29 months, while electricity and gas supply expanded 12.3 per cent during August

Manufacturing output growth witnessed a sharp uptick during the month, accounting for most of the improvement over May

Industrial output growth rose to 5.1 per cent in May as electricity generation strengthened and the government adopted Output-PPI for the new IIP series

With a 2022-23 base year, the revamped IIP captures emerging industries, renewable energy and changing production patterns more accurately

India adopts a new IIP series with 2022-23 as the base year, expanding sectoral coverage and updating the basket to better reflect the economy

India's new IIP series broadens sector coverage, updates the product basket and methodology, and aligns industrial data with the economy's evolving structure

Advanced economies increasingly use dynamic industrial measurement systems, which regularly update weightings and production patterns

India plans a major revamp of the IIP, proposing chain-linked indices, wider sectoral coverage and updated methodology to better integrate the evolving industrial economy

India's industrial output closed the 2011-12 series with modest growth of 4.1% in FY26, as the NSO gears up to release a revamped IIP series with a 2022-23 base year

India's industrial production growth decelerated to a five-month low of 4.1 per cent in March on account of subdued manufacturing growth and almost flat expansion in the power sector amid the West Asia crisis, according to official data released on Tuesday. The factory output, measured in terms of the Index of Industrial Production (IIP), expanded by 3.9 per cent in March 2025, an official statement said. The National Statistics Office (NSO) revised the industrial production growth for February 2026 to 5.1 per cent from the provisional estimate of 5.2 per cent released last month. The previous low of IIP growth was recorded at 0.5 per cent expansion in October 2025. The NSO data further showed that the manufacturing sector's output growth remained subdued at 4.3 per cent in March 2026 compared to 4 per cent in the year-ago month. Mining production growth improved to 5.5 per cent from a meagre growth of 1.2 per cent recorded a year ago. Power generation grew marginally by 0.8 per

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