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India Industrial Production
Last Release
Dec 31, 2024
Actual
3.2
Units In
%
Previous
5.2
Frequency
Monthly
Next Release
Mar 12, 2025
Time to Release
25 Days 20 Hours
Highest | Lowest | Average | Date Range | Source |
133.5 Apr 2021 | -57.3 Apr 2020 | 5.96 % | 1994-2024 | Ministry 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 grew by 3.2% year-on-year in December 2024, slowing from a downwardly revised 5% rise in November and falling short of market expectations of a 3.9% gain. This was mainly due to a slowdown in manufacturing activity (3% vs 5.5% in November). Meanwhile, production rose further for mining (2.6% vs 1.9%) and electricity (6.2% vs 4.4%). On a monthly basis, industrial output increased by 6.1% in December, rebounding from an upwardly revised 1.4% drop in the previous month. In the April-December period, industrial production rose by 4%.
India Industrial Production History
Last 12 readings