India’s industrial production growth slowed to 6.7% year-on-year in September 2026, down from a downwardly revised 7.8% in August and below market expectations of 7.2%. Output growth in the manufacturing sector slowed to 7.6% from 8.6% in the prior month, driven by lower activity in leather and related products (4.5% vs 8.1%), wood and related products (-10.5% vs 8.6%), printing and reproduction of recorded media (-5.1% vs 4.8%), pharmaceuticals products (-8.9% vs 1.6%), rubber and plastics products (19.9% vs 21.4%), computer, electronic and optical products (7.3% vs 19.3%) and motor vehicles (19% vs 25.2%). Production in mining and quarrying continued to decline, but at a faster pace of 6.2% after a 4.6% decrease. Meanwhile, production growth also slowed in electricity and gas supply (11.2% vs 12.3%) and water supply, sewage and waste managment (6.2% vs 6.9%). source: Ministry of Statistics and Programme Implementation (MOSPI)

Industrial Production in India increased 6.70 percent in September of 2026 over the same month in the previous year. Industrial Production in India averaged 6.01 percent from 1994 until 2026, reaching an all time high of 133.50 percent in April of 2021 and a record low of -57.30 percent in April of 2020. This page provides - India Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Industrial Production in India increased 6.70 percent in September of 2026 over the same month in the previous year. Industrial Production in India is expected to be 6.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Industrial Production is projected to trend around 4.10 percent in 2027 and 5.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-28 10:30 AM
Industrial Production YoY
Aug 8% 7.4% 6.5% 5.5%
2026-10-28 10:30 AM
Industrial Production YoY
Sep 6.7% 7.8% 7.2% 7.4%
2026-11-30 10:30 AM
Industrial Production YoY
Oct 6.7% 7.0%


Related Last Previous Unit Reference
Changes in Inventories 1230.63 1095.44 INR Billion Jun 2026
Industrial Production YoY 6.70 8.00 percent Sep 2026
Industrial Production Mom 1.00 -2.00 percent Sep 2026
Manufacturing Production YoY 7.60 8.60 percent Sep 2026
Mining Production -6.20 -4.60 percent Sep 2026


India Industrial Production
In India, industrial production measures the output of businesses operating across the industrial sector of the economy. Manufacturing is the largest component, accounting for 76% of total industrial production. Its biggest segments are basic metals (9% of total production), chemicals and chemical products (8%), coke and refined petroleum products (8%), motor vehicles, trailers and semi-trailers (6%), basic pharmaceutical products and pharmaceutical preparations (6%), food products (6%), machinery and equipment n.e.c. (5%), other non-metallic mineral products (4%), and rubber and plastics products, textiles, and electrical equipment (3% each). Mining and quarrying accounts for 11% of total output, while electricity and gas supply accounts for a further 11%.
Actual Previous Highest Lowest Dates Unit Frequency
6.70 8.00 133.50 -57.30 1994 - 2026 percent Monthly
2022-23=100, NSA

News Stream
India Industrial Output Growth Slows More Than Expected
India’s industrial production growth slowed to 6.7% year-on-year in September 2026, down from a downwardly revised 7.8% in August and below market expectations of 7.2%. Output growth in the manufacturing sector slowed to 7.6% from 8.6% in the prior month, driven by lower activity in leather and related products (4.5% vs 8.1%), wood and related products (-10.5% vs 8.6%), printing and reproduction of recorded media (-5.1% vs 4.8%), pharmaceuticals products (-8.9% vs 1.6%), rubber and plastics products (19.9% vs 21.4%), computer, electronic and optical products (7.3% vs 19.3%) and motor vehicles (19% vs 25.2%). Production in mining and quarrying continued to decline, but at a faster pace of 6.2% after a 4.6% decrease. Meanwhile, production growth also slowed in electricity and gas supply (11.2% vs 12.3%) and water supply, sewage and waste managment (6.2% vs 6.9%).
2026-10-28
India Industrial Output Growth Beats Expectations
India’s industrial production growth accelerated to 8.0% year-on-year in August 2026, up from an upwardly revised 7.4% in July and well above market expectations of 6.5%. Manufacturing output rose 9.0%, accelerating from 8.2% in July, led by electrical equipment (30.9%), motor vehicles (25.2%), rubber and plastics products (21.4%), computer, electronic and optical products (19.3%), fabricated metal products (16.9%), textiles (13.1%), and machinery and equipment (10.3%). Among other major industries, basic metals production increased 2.4% and food products rose 2.8%, while output contracted in coke and refined petroleum products (-0.6%) and chemicals and chemical products (-0.5%). Elsewhere, electricity and gas supply growth accelerated to 12.3% from 8.7% in July, while mining and quarrying output fell 5.6%, following a 0.9% decline in the previous month.
2026-09-28
India Industrial Production Eases from 2-Year High
Industrial production in India expanded by 6.7% from the previous year in July of 2026, slowing from the upwardly revised, over two-year high of 8.8% in June, but ahead of market expectations of 6%. The result remained above averages from the previous two years, and extended the period of recovery from lower growth earlier this year as the outbreak of war in the Middle East lifted energy prices and dented economic conditions in India. Manufacturing, which accounts for 76% of industrial production, expanded by 7.3% from the upwardly revised 9.5% in June. Meanwhile, electricity and gas supply expanded by 8.7% from 11.3%). On the other hand, mining and quarrying output contracted by 0.9% from a growth rate of 1.6%.
2026-08-28