Topic
iip
India's Industrial Production Surges 7.3% in June, Led by Manufacturing and Power Sectors
India's Index of Industrial Production (IIP) expanded 7.3% year-on-year in June 2026, accelerating from 5% in May, according to the National Statistics Office. Manufacturing output grew 7.8%, while electricity & gas supply surged 10.6%. Within manufacturing, 19 of 23 industry groups posted positive growth, led by electrical equipment (34%), motor vehicles (17.5%), and food products (10.8%). Chief Economist Aditi Nayar of ICRA Ltd noted broad-based acceleration and robust investment activity.
IIP data decoded: Manufacturing, electricity lift India's industrial growth to 5.1% in May
India's Index of Industrial Production (IIP) rose 5.1% year-on-year in May 2026, driven by manufacturing and electricity output. The Ministry of Statistics also announced a methodology revision, replacing WPI with Output PPI as the deflator for the IIP series.