India: Industrial Production Index: Total Index by Month

Macro

2026-05-26

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

India recently announced its Q1 2026 Index of Industrial Production at 159.0. Although it retreated from the previous value of 169.4, the year-over-year growth rate climbed to 5.2%, surpassing the market consensus. This data primarily benefited from strong capital goods and infrastructure investment, driving stellar manufacturing performance. Looking ahead, the West Asia geopolitical crisis and weak electricity demand may pose challenges to short-term growth.

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AI Data Insight

India recently announced its Q1 2026 Index of Industrial Production at 159.0. Although it retreated from the previous value of 169.4, the year-over-year growth rate climbed to 5.2%, surpassing the market consensus. This data primarily benefited from strong capital goods and infrastructure investment, driving stellar manufacturing performance. Looking ahead, the West Asia geopolitical crisis and weak electricity demand may pose challenges to short-term growth.

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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