India: Industrial Production Index: Total Index by Month

Macro

2026-09-28

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

India's latest Industrial Production Index (IPI) rose to 124.8 in Q3 2026, continuing its upward trend from the previous value of 123.1, indicating that the industrial sector maintains high resilience. Although external searches show a slight discrepancy between some institutional forecasts and authoritative data, the dual engines of manufacturing and electricity have steadily boosted overall performance. However, attention must be paid to the potential risk of end-consumer demand not fully catching up.

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AI Data Insight

India's latest Industrial Production Index (IPI) rose to 124.8 in Q3 2026, continuing its upward trend from the previous value of 123.1, indicating that the industrial sector maintains high resilience. Although external searches show a slight discrepancy between some institutional forecasts and authoritative data, the dual engines of manufacturing and electricity have steadily boosted overall performance. However, attention must be paid to the potential risk of end-consumer demand not fully catching up.

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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