India's industrial output dropped 3.6 percent from a year earlier in February 2021, the most since last August and compared with market expectations of a 3.0 percent decrease. Manufacturing production shrank 3.7 percent (vs -1.3 percent in January), led by declines in manufacture of basic metals (-4.8 percent vs 6.0 percent), coke and refined petroleum products (-9.5 percent vs -0.5 percent), chemicals and chemical products (-1.8 percent vs 2.6 percent), food products (-0.6 percent vs -3.3 percent), pharmaceuticals, medicinal chemical and botanical products (-4.8 percent vs -8.0 percent), machinery and equipment n.e.c. (-1.9 percent vs -7.2 percent), and other non-metallic mineral products (-7.0 percent vs -6.1 percent). Meanwhile, mining output was down 5.5 percent (vs -2.5 percent in January), while electricity output edged 0.1 percent higher (vs 5.5 percent in January). source: Ministry of Statistics and Programme Implementation (MOSPI)

Industrial Production in India averaged 5.55 percent from 1994 until 2021, reaching an all time high of 19.90 percent in November of 2006 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 April of 2021.

Industrial Production in India is expected to be 15.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in India to stand at 4.00 in 12 months time. In the long-term, the India Industrial Production is projected to trend around 4.20 percent in 2022 and 4.80 percent in 2023, according to our econometric models.

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India Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-3.60 -0.90 19.90 -57.30 1994 - 2021 percent Monthly
2011-2012=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-12 12:00 PM Nov -1.9% 4.2% -0.4% -0.6%
2021-02-12 12:00 PM Dec 1% -2.1% -0.2% -0.5%
2021-03-12 12:00 PM Jan -1.6% 1.6% 0.9% 1%
2021-04-12 12:00 PM Feb -3.6% -0.9% -3% -2.8%
2021-05-12 12:00 PM Mar -3.6% -6.0%
2021-06-11 12:00 PM Apr
2021-07-12 12:00 PM May
2021-08-12 12:00 PM Jun


News Stream
India Industrial Output Falls Most in 6 Months
India's industrial output dropped 3.6 percent from a year earlier in February 2021, the most since last August and compared with market expectations of a 3.0 percent decrease. Manufacturing production shrank 3.7 percent (vs -1.3 percent in January), led by declines in manufacture of basic metals (-4.8 percent vs 6.0 percent), coke and refined petroleum products (-9.5 percent vs -0.5 percent), chemicals and chemical products (-1.8 percent vs 2.6 percent), food products (-0.6 percent vs -3.3 percent), pharmaceuticals, medicinal chemical and botanical products (-4.8 percent vs -8.0 percent), machinery and equipment n.e.c. (-1.9 percent vs -7.2 percent), and other non-metallic mineral products (-7.0 percent vs -6.1 percent). Meanwhile, mining output was down 5.5 percent (vs -2.5 percent in January), while electricity output edged 0.1 percent higher (vs 5.5 percent in January).
2021-04-12
India Industrial Output Unexpectedly Falls
India's industrial production dropped 1.6 percent from a year earlier in January 2021, reversing an upwardly revised 1.6 percent growth in the previous month and missing market expectations of a 0.9 percent increase. Manufacturing output shrank 2.0 percent (vs 2.1 percent in December), led by falls in production of coke and refined petroleum products (-0.5 percent vs -0.7 percent), food products (-2.6 percent vs -1.8 percent), pharmaceuticals, medicinal chemical and botanical products (-11.5 percent vs 4.2 percent), motor vehicles, trailers and semi-trailers (-0.9 percent vs 6.4 percent), and machinery and equipment (-7.6 percent vs 9.4 percent). By contrast, there were increases in production of basic metals (4.2 percent vs 5.7 percent) and chemicals and chemical products (3.1 percent vs 7 percent). Elsewhere, mining output contracted 3.7 percent (vs -4.2 percent in December), while electricity production rose 5.5 percent (vs 5.1 percent in December).
2021-03-12
India Industrial Output Unexpectedly Rebounds
India's industrial production rose 1.0 percent from a year earlier in December 2020, partially recovering from a revised 2.1 percent decline in the previous month and easily beating market expectations of a 0.2 percent contraction. Manufacturing production rebounded 1.6 percent (vs -2.0 percent in November), led by basic metals output (4.2 percent vs 2.5 percent), chemicals and chemical products (7.2 percent vs 0.2 percent), pharmaceuticals, medicinal chemical and botanical products (6.8 percent vs -2.3 percent), motor vehicles, trailers and semi-trailers (5.4 percent vs -0.7 percent), and machinery and equipment n.e.c. (4.3 percent vs -5.7 percent). In contrast, output fell for both coke and refined petroleum products (-0.7 percent vs -3.3 percent) and food products (-1.4 percent vs 7.8 percent).
2021-02-12
India Industrial Output Falls More than Expected
India's industrial production fell 1.9 percent from a year earlier in November 2020, after rising an upwardly revised 4.2 percent in the previous month and compared with market expectations of a 0.4 percent drop. Manufacturing production shrank 1.7 percent (vs 4.1 percent in October) and mining output tumbled 7.3 percent (vs -1.3 percent in October), while electricity output rose 3.5 percent (vs 11.2 percent in October).
2021-01-12

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.