India: Industrial Production Index: Total Index by Month

Macro

2026-06-26

Description

The Industrial Production Index (IPI) in India is compiled and released by the Ministry of Statistics and Programme Implementation (MOSPI). The IPI serves as a crucial indicator for monitoring the performance of the industrial sector, encompassing manufacturing, mining, and electricity, and its contribution to overall economic activity. A rising IPI signifies industrial growth, while a decline indicates a slowdown. Typically, an IPI growth rate exceeding 5% is considered healthy, whereas a negative growth rate suggests a contraction.

The data is updated monthly and is usually released around six weeks after the reference month.

Published by
Reserve Bank of India (Choice)
Frequency
Monthly
Next Update
Hashtags
Industry India

AI Data Insight

In Q2 2026, India's Index of Industrial Production (IPI) fell to 118.9, a sharp drop from the previous value of 173.2, primarily due to the official comprehensive base year update to 2022-23. Excluding the technical impact of the index rebasing, the actual output achieved a year-on-year growth rate of 4.9%. Manufacturing and capital goods performed strongly, indicating that India's economic expansion momentum remains robust.

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AI Data Insight

In Q2 2026, India's Index of Industrial Production (IPI) fell to 118.9, a sharp drop from the previous value of 173.2, primarily due to the official comprehensive base year update to 2022-23. Excluding the technical impact of the index rebasing, the actual output achieved a year-on-year growth rate of 4.9%. Manufacturing and capital goods performed strongly, indicating that India's economic expansion momentum remains robust.

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Macro
Description

The Industrial Production Index (IPI) in India is compiled and released by the Ministry of Statistics and Programme Implementation (MOSPI). The IPI serves as a crucial indicator for monitoring the performance of the industrial sector, encompassing manufacturing, mining, and electricity, and its contribution to overall economic activity. A rising IPI signifies industrial growth, while a decline indicates a slowdown. Typically, an IPI growth rate exceeding 5% is considered healthy, whereas a negative growth rate suggests a contraction.

The data is updated monthly and is usually released around six weeks after the reference month.

Published by
Reserve Bank of India (Choice)
Frequency
Monthly
Next Update
Hashtags
Industry India