Industrial output in India went up 3.1 percent year-on-year in September of 2021, easing from an upwardly revised 12 percent rise in the previous month and below market forecasts of a 4.8 percent gain. Production slowed in all sectors: mining (8.6 percent vs 23.6 percent), manufacturing (2.7 percent vs 9.9 percent) and electricity (0.9 percent vs 16 percent). On a monthly basis, industrial output slumped 2.6 percent, following a downwardly revised 0.1 percent downtick in August. source: Ministry of Statistics and Programme Implementation (MOSPI)
Industrial Production in India averaged 6.13 percent from 1994 until 2021, 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 December of 2021.
Industrial Production in India is expected to be 3.50 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 3.20 percent in 2022 and 4.80 percent in 2023, according to our econometric models.