India: Industrial Production Index: Total Index by Month

Macro

2026-07-25

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

AI Data Insight

India's Q2 2026 (2026-05-01) Index of Industrial Production reached 122.7, outperforming the previous value of 118.9, with the YoY growth rate accelerating to 5.1%. Growth momentum primarily stemmed from the strong expansion in manufacturing as well as electricity and gas supply. The current data adopts a new base period and a PPI deflator, more accurately reflecting the actual progress of the economic transition, while the medium- to long-term expansion trend remains robust.

AI Data Insight

India's Q2 2026 (2026-05-01) Index of Industrial Production reached 122.7, outperforming the previous value of 118.9, with the YoY growth rate accelerating to 5.1%. Growth momentum primarily stemmed from the strong expansion in manufacturing as well as electricity and gas supply. The current data adopts a new base period and a PPI deflator, more accurately reflecting the actual progress of the economic transition, while the medium- to long-term expansion trend remains robust.

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