Industrial production in India rose by 4.8% from the previous year in January of 2026, slowing from the upwardly revised, two-year high 8% increase in the previous month and contrasting with expectations of a sharper increase of 6.5%. Manufacturing output, which makes up nearly 80% of the national industrial production, also expanded by 4.8% from the 8.4% increase in December, supported by the manufacture of motor vehicles (10.9%), machinery and equipment (6.2%), and basic metals (13.2%). In the meantime, mining output rose by 4.3% and utility generation rose by 5.1%. source: Ministry of Statistics and Programme Implementation (MOSPI)

Industrial Production in India increased 4.80 percent in January of 2026 over the same month in the previous year. Industrial Production in India averaged 5.92 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 March of 2026.

Industrial Production in India increased 4.80 percent in January of 2026 over the same month in the previous year. Industrial Production in India is expected to be 6.90 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
2026-01-28 10:30 AM
Industrial Production YoY
Dec 7.8% 7.2% 5.5% 2.8%
2026-03-02 10:30 AM
Industrial Production YoY
Jan 4.8% 8% 6.5% 6.3%
2026-03-28 10:30 AM
Industrial Production YoY
Feb 4.8%


Related Last Previous Unit Reference
Changes in Inventories 836.46 808.97 INR Billion Sep 2025
Industrial Production YoY 4.80 8.00 percent Jan 2026
Industrial Production Mom -3.70 7.60 percent Jan 2026
Manufacturing Production YoY 4.80 8.40 percent Jan 2026
Mining Production 4.30 6.90 percent Jan 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
4.80 8.00 133.50 -57.30 1994 - 2026 percent Monthly
2011-2012=100, NSA

News Stream
India Industrial Production Slows
Industrial production in India rose by 4.8% from the previous year in January of 2026, slowing from the upwardly revised, two-year high 8% increase in the previous month and contrasting with expectations of a sharper increase of 6.5%. Manufacturing output, which makes up nearly 80% of the national industrial production, also expanded by 4.8% from the 8.4% increase in December, supported by the manufacture of motor vehicles (10.9%), machinery and equipment (6.2%), and basic metals (13.2%). In the meantime, mining output rose by 4.3% and utility generation rose by 5.1%.
2026-03-02
India Industrial Production Rises Most in 2 Years
The industrial production in India rose by 7.9% from the previous year in December of 2025, picking up from the upwardly revised 7.2% advance in the earlier month and above market expectations of a 5.5% rise to mark the sharpest pace of growth since October of 2023. The robust growth pace pushed back against concerns that aggressive tariff hikes by the US government would drive a sustained slowdown in the Indian economy, especially as goods producers are likely paying for more expensive fuel after the US tariffed major Russian oil producers and distributors. Output remained high for manufacturing (8.1% vs 8.5% in November), which is responsible for over 77% of total industrial production. Output also expanded for mining (6.8% vs 5.8%) and electricity generation (6.3% vs -1.5%).
2026-01-28
India Industrial Production Growth at 2-Year High
The industrial production in India grew 6.7% from the previous year in November of 2025, accelerating from the upwardly revised 0.5% increase in the previous month, to mark the sharpest pace of expansion since October of 2023. The robust growth pace pushed back against concerns that aggressive tariff hikes by the US government would drive a sustained slowdown in the Indian economy, especially as goods producers are likely paying for more expensive fuel after the US tariffed major Russian oil producers and distributors. Growth was noted in manufacturing (8% vs 2% in October) on higher output of basic and fabricated metal products, pharmaceuticals, and motor vehicles. Growth was also sharp for mining (5.4% vs -1.8%) as the closure of the monsoon season supported operations. On the other hand, electricity output fell for a second month (-1.5% vs -6.9%).
2025-12-29