India's industrial output rises 4.9% in April under new IIP series, driven by manufacturing and capital goods growth
With a 2022-23 base year, the revamped IIP captures emerging industries, renewable energy and changing production patterns more accurately
The quick estimate of the IIP stood at 118.9 in April 2026, up from 113.1 in the corresponding month last year
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
Today's BS Opinion examines India's deepening water stress, the revised IIP framework, Middle East-linked growth risks, the Quad's evolving strategy, and a review of The Liver Doctor
Advanced economies increasingly use dynamic industrial measurement systems, which regularly update weightings and production patterns
MoSPI will launch the new IIP 2022-23 series on June 1, adding rare earths, gas supply, water supply and waste management to better reflect India's changing industrial economy
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 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
A new trade pact with New Zealand, industrial production data and manufacturing trends to shape India's policy and economic outlook this week
Industrial output growth edges up to 5.2% in February, led by manufacturing recovery, while electricity and mining output show mixed trends amid global pressures
India's industrial output growth slowed to 4.8% in January, a three-month low, as manufacturing, mining and electricity softened, though several segments continued to post healthy gains
January's industrial output growth was pulled down by subdued performance in the mining and manufacturing sectors, the data showed
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
The Index of Industrial Production (IIP) quick estimates for November signalled a 4.5 per cent uptick from levels seen in October
The IIP growth for September 2025 stood at 4 per cent, unchanged from August, supported by growth in the manufacturing sector
In the present series of IIP, the index is compiled based on data received from a fixed panel of factories selected in the base year to represent industrial activity across various sectors
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