Industrial production in India rose by 4.1% from the previous year in March of 2026, slowing from the revised 5.1% expansion in February to reflect the slowest increase in five months, albeit beating expectations of a 3.7% expansion. Despite remaining robust, the pullback reflected some impact from the outbreak of war in the Middle East in the Indian goods production, hampered by the surge in energy prices and inflationary risks amid the pressure for the rupee. Manufacturing production, which is responsible for over 77% of all of industrial output, rose 4.3% from the 5.9% increase. Mining output jumped by 5.5%, picking up from the 3.1% the prior month, while higher feedstock costs drove electricity output growth to slow to 0.8% from 2.3%. source: Ministry of Statistics and Programme Implementation (MOSPI)

Industrial Production in India increased 4.10 percent in March of 2026 over the same month in the previous year. Industrial Production in India averaged 5.91 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 May of 2026.

Industrial Production in India increased 4.10 percent in March of 2026 over the same month in the previous year. Industrial Production in India is expected to be 3.30 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
2026-03-30 10:30 AM
Industrial Production YoY
Feb 5.2% 5.1% 4.2% 5.4%
2026-04-28 10:30 AM
Industrial Production YoY
Mar 4.1% 5.1% 3.7% 6.9%
2026-05-28 10:30 AM
Industrial Production YoY
Apr 4.1%


Related Last Previous Unit Reference
Changes in Inventories 836.46 808.97 INR Billion Sep 2025
Industrial Production YoY 4.10 5.10 percent Mar 2026
Industrial Production Mom 9.10 -6.50 percent Mar 2026
Manufacturing Production YoY 4.30 5.90 percent Mar 2026
Mining Production 5.50 3.10 percent Mar 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
4.10 5.10 133.50 -57.30 1994 - 2026 percent Monthly
2011-2012=100, NSA

News Stream
India Industrial Output Slows Less than Expected
Industrial production in India rose by 4.1% from the previous year in March of 2026, slowing from the revised 5.1% expansion in February to reflect the slowest increase in five months, albeit beating expectations of a 3.7% expansion. Despite remaining robust, the pullback reflected some impact from the outbreak of war in the Middle East in the Indian goods production, hampered by the surge in energy prices and inflationary risks amid the pressure for the rupee. Manufacturing production, which is responsible for over 77% of all of industrial output, rose 4.3% from the 5.9% increase. Mining output jumped by 5.5%, picking up from the 3.1% the prior month, while higher feedstock costs drove electricity output growth to slow to 0.8% from 2.3%.
2026-04-28
India’s Industrial Output Grows 5.2% in February
India’s industrial production growth accelerated to 5.2% year-over-year in February 2026, up from a revised 5.1% in January and surpassing market expectations of 4.2%. The expansion was driven by a strong 6% rise in manufacturing output, following a 4.8% increase the previous month.
2026-03-30
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