June 1, 2026 6:34 PM
Industrial Production Grows 4.9% in April as India Unveils New IIP Series with 2022-23 Base Year
India's industrial output grew 4.9 per cent year-on-year in April 2026, driven primarily by strong manufacturing activity, according to the first official release of the revised All India Index of Industrial Production (IIP) with the new base year of 2022-23. The Ministry of Statistics and Programme Implementation (MoSPI) on Monday launched the new IIP series, replacing the previous 2011-12 base year, with an expanded industrial coverage, revised weights and a revamped product basket aimed at b...