Index Of Industrial Production

Why India's new industrial index matters more than ever to growth

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

A beginner's guide to the IIP ahead of the release of the new series

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

New IIP series overhaul: Tracking structural shifts beyond the base year

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

Measuring change: New IIP broadens scope of coverage, but needs better data

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

Govt proposes broad revamp of industrial output index ahead of new series

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 March factory output at series peak despite West Asia war

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 output growth slows to 5-month low of 4.1% in March

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

Industrial output hits all-time high in Dec on manufacturing, power gains

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

India's December core sector output hit highest level so far in FY26

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

MoSPI plans transition to chain-based approach for IIP data compilation

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

New CPI series to use e-commerce, online sources for price data: Govt

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 slips to 3-month low of 3% in Sep as energy output fall

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

India's industrial production grows 4% in August, shows govt data

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 industrial production grows 1.5% in June, driven by manufacturing

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

Losing momentum: Industrial growth fell to 9-month low of 1.2% in May

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

India's industrial production output further dips to 1.2% in May 2025

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

April 2025 IIP dips to 8-month low at 2.7%, manufacturing grows 3.4%

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

Statsguru: India's GDP growth may miss govt estimate; IIP data fuels doubt

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

India's IIP growth recovers to 3% in March, FY25 output at 4-year low

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

Industrial output growth slows to 6-month low of 2.9% in February

Consumer non-durables contracted for 3rd straight month