India: Industrial Production Index: Total Index by Month

Macro

2026-10-27

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

According to DataTrack data, India's Q3 2026 Industrial Production Index (IPI) declined to 123.3, representing a monthly contraction from the previous value of 124.8. However, calculated under the official latest base year (2022-23=100), the YoY growth rate for the month reached 8.0%, beating market expectations, primarily benefiting from the strong expansion resilience of the manufacturing and electricity sectors.

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AI Data Insight

According to DataTrack data, India's Q3 2026 Industrial Production Index (IPI) declined to 123.3, representing a monthly contraction from the previous value of 124.8. However, calculated under the official latest base year (2022-23=100), the YoY growth rate for the month reached 8.0%, beating market expectations, primarily benefiting from the strong expansion resilience of the manufacturing and electricity sectors.

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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