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India Industrial Production

Last Release
Oct 31, 2024
Actual
3.5
Units In
%
Previous
3.1
Frequency
Monthly
Next Release
Jan 10, 2025
Time to Release
27 Days 10 Hours
Highest
Lowest
Average
Date Range
Source
133.5
Apr 2021
-57.3
Apr 2020
5.97 %1994-2024Ministry of Statistics and Programme Implementation (MOSPI)
In India, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 78 percent of total production. The biggest segments within Manufacturing are: basic metals (13 percent of total production); coke and refined petroleum products (12 percent); chemicals and chemical products (8 percent); food products (5 percent); pharmaceuticals, medicinal chemical and botanical products (5 percent); motor vehicles, trailers and semi-trailers (5 percent); machinery and equipment n.e.c. (5 percent); other non-metallic mineral products (4 percent); and textiles, electrical equipment and fabricated metal products (3 percent each). Mining accounts for 14 percent of total output; and electricity accounts for 8 percent.

Latest Updates

Industrial production in India increased 3.5% year-on-year in October 2024, in line with market expectations, following a 3.1% rise in the previous month. This marked the second consecutive month of growth, driven by increases across all sectors: manufacturing (4.1% vs 3.9% in September), mining (0.9% vs 0.2%), and electricity (2% vs 0.5%). Within the manufacturing sector, the largest contributors to growth were the production of basic metals (+3.5%), electrical equipment (+33.1%), and coke and refined petroleum products (+5.6%). Considering the April-October period, industrial output went up 4%.

India Industrial Production History

Last 12 readings

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