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%. source: Ministry of Statistics and Programme Implementation (MOSPI)

Industrial Production in India increased 6.70 percent in July of 2026 over the same month in the previous year. Industrial Production in India averaged 6.00 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 September of 2026.

Industrial Production in India increased 6.70 percent in July of 2026 over the same month in the previous year. Industrial Production in India is expected to be 5.00 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
2026-07-28 10:30 AM
Industrial Production YoY
Jun 7.3% 5% 5.7% 4.9%
2026-08-28 10:30 AM
Industrial Production YoY
Jul 6.7% 8.8% 6% 5.7%
2026-09-28 10:30 AM
Industrial Production YoY
Aug 6.7%


Related Last Previous Unit Reference
Changes in Inventories 1230.63 1095.44 INR Billion Jun 2026
Industrial Production YoY 6.70 8.80 percent Jul 2026
Industrial Production Mom 0.00 1.80 percent Jul 2026
Manufacturing Production YoY 7.30 9.50 percent Jul 2026
Mining Production -0.90 1.60 percent Jul 2026


India Industrial Production
In India, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 78 percent of total production. The biggest segments within Manufacturing are: basic metals (13 percent of total production); coke and refined petroleum products (12 percent); chemicals and chemical products (8 percent); food products (5 percent); pharmaceuticals, medicinal chemical and botanical products (5 percent); motor vehicles, trailers and semi-trailers (5 percent); machinery and equipment n.e.c. (5 percent); other non-metallic mineral products (4 percent); and textiles, electrical equipment and fabricated metal products (3 percent each). Mining accounts for 14 percent of total output; and electricity accounts for 8 percent.
Actual Previous Highest Lowest Dates Unit Frequency
6.70 8.80 133.50 -57.30 1994 - 2026 percent Monthly
2022-23=100, NSA

News Stream
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
India Industrial Production Grows Most in 2 Years
Industrial production in India expanded by 7.3% from the previous year in June of 2026, firmly above market expectations of a 5.7% growth rate to mark the sharpest pace of expansion in nearly two years. The result consolidated the rebound from lower growth rates in the start of the second quarter, when the war in the Middle East triggered energy shortages and lifted input costs for power-intensive industries. Manufacturing production surged by 7.8%, the most since the start of the year. In the meantime, output continued to surge for electricity and gas supply (10.6% vs 10.3% in May) and rebounded for mining and quarrying (1.0% vs -1.4%). From the previous month, industrial output expanded by 0.5%.
2026-07-28
India Industrial Production Picks Up
Industrial output in India expanded by 5.1% from the previous year in May of 2026, picking up from the 4.9% increase in the previous month and ahead of market expectations of 4.7%. It was the sharpest pace of growth since February, when cheaper energy prices before the outbreak of war in the Middle East provided a better macroeconomic backdrop for Indian goods producers, who rely on energy that is mostly imported. Manufacturing output growth, which accounts for 76% of domestic industrial production, eased to 5.5% from 6.1% in the previous month. In turn, the softer oil, gas, and mid-month pullback in coal prices aided electricity and utility generation to a 9.9% growth rate from 4.6% in April. Mining and quarrying output contracted by 1.6%, slowing from the sharper 3.8% contraction in April.
2026-06-29