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India Industrial Production
Last Release
Sep 30, 2024
Actual
3.1
Units In
%
Previous
-0.1
Frequency
Monthly
Next Release
Dec 12, 2024
Time to Release
28 Days 10 Hours
Highest | Lowest | Average | Date Range | Source |
133.5 Apr 2021 | -57.3 Apr 2020 | 5.97 % | 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 3.1% year-on-year in September 2024, exceeding expectations of a 2.5% growth and rebounding from a 0.1% contraction in the previous month. Output grew 3.9% for manufacturing, with the biggest upward contributions coming from a rise in the manufacture of coke and refined petroleum products (+5.3%), basic metals (+2.5%), chemicals and chemical products (+4.9%) and food products (+4.4%). Moreover, output grew for electricity and mining by 0.5% and 0.2% respectively. Considering the April-September period, industrial output increased 4%.
India Industrial Production History
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