Industrial Production

The recommendations are contained in the report of the Technical Advisory Committee (TAC), released by the National Statistics Office on Monday

An inter-ministerial meeting was held with industry associations to discuss ways to boost the country's manufacturing, Commerce and Industry Minister Piyush Goyal said on Friday. He said that the government is committed to working closely with the industry to expand manufacturing capacities, enhance quality standards and strengthen competitiveness. A comprehensive meeting with officials from key ministries and leading industry associations was held to strategise on boosting domestic manufacturing, he said in a social media post. The meeting comes at a time when the government is working with the industry to identify about 100 products -- including those from the auto, chemicals, plastics and petrochemicals sectors -- that are either not produced or manufactured inadequately in India, as part of efforts to boost domestic production. The exercise is aimed at reducing the import bill of the country, as outflows of foreign exchange are impacting the value of the domestic currency again

India's core sector growth rose to 1.7% in April FY27, aided by steel, electricity and fertilizer recovery despite pressure from the West Asia crisis and energy supply disruptions

Food major says it has adequate finished goods inventory and fuel-switching options across facilities to ensure continuity of operations amid concerns over industrial gas supply

The strongest performers were basic metals, which grew 12.7 per cent, motor vehicles, trailers and semi-trailers, which expanded 33.5 per cent, and pharmaceuticals, which recorded a 10.2 per cent rise

Ficci's manufacturing index hit a record high in Q3 FY26, with 91% firms reporting stable or higher output, signalling strong demand and optimism across key sectors

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

IIP growth rose to 3.5% in July from 1.5% in June, driven by manufacturing, construction and consumer durables, though mining remained weak and electricity showed modest gains

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

Faster production and smarter tech are helping companies make goods quicker and use their money better

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

The road map to India becoming a global manufacturing hub is clear, but it is R&D that will truly change the game

Stock market highlights on Wednesday, May 28, 2025: the Nifty Midcap100 ended lower by marginally 0.02 per cent, while the Nifty Smallcap100, on the other hand, ended with a gain of 0.33 per cent

The ministry is also working on revamping the design-linked incentive (DLI) scheme, which is part of the semiconductor mission, and has so far had a subdued response

Shares of Syrma SGS Technology has moved higher by 13 per cent to Rs 541.90 on the BSE in Monday's intra-day trade amid heavy volumes.

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

Along with this, many new services have also been notified under the Chhattisgarh Public Service Guarantee Act, 2011

Consumer non-durables contracted for 3rd straight month

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 .