Topic
industrial production
Business India's Factory Output Surges 7.3% in June, Fastest Pace in Nearly Two Years
India's factory output rose 7.3% in June, the fastest pace in nearly two years, driven by manufacturing (7.8%) and electricity (10.6%). The data exceeded economists' forecasts of 5.7%, signalling strong first-quarter GDP growth of 6.8-7%.
Business 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.
Business India's Core Sector Grows 5% in June, Fastest in Five Months on Iron Ore Boost
India's expanded core sector grew 5% in June 2026, the fastest pace in five months, driven by a 43.9% surge in iron ore and 9.8% cement growth. Energy-intensive sectors such as crude oil, natural gas, and refinery products continued to contract, while fertiliser production fell for the fourth straight month. The data, based on a revised base year 2022-23, showed Q1 FY27 core sector expansion of 3.6%.
Business 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.
Business India Core Sector Growth Slows to 0.5% in May, Weakest in Seven Months on Energy Contraction
India's index of eight core industries grew only 0.5% in May 2026, the slowest pace since October 2025, dragged down by contraction in coal, crude oil, refining, fertiliser and natural gas. Only cement, steel and power recorded growth. The poor performance, attributed partly to the West Asia conflict, is expected to weigh on the broader Index of Industrial Production (IIP) due later this month, with economists forecasting IIP growth of just 2-3%.
Manufacturing Factory Output Surges 4.9% in April, Manufacturing Expands 6.2%
India's industrial production rose by 4.9% in April 2026, driven by a 6.2% expansion in manufacturing. The new IIP series with a base year of 2022-23 reflects a more comprehensive industrial activity measure.