Industrial production in India jumped 7.1 percent year-on-year in April of 2022, advancing from an upwardly revised 2.2 percent rise in the previous month and beating market expectations of a 5.1 percent rise. It was the strongest growth in industrial activity since August of 2021 as output accelerated for all sectors: electricity (11.8 percent vs 6.1 percent), manufacturing (6.3 percent vs 1.4 percent) and mining (7.8 percent vs 3.9 percent). On a monthly basis, industrial output fell 9.2 percent, compared to a 12.9 percent surge in the previous month. source: Ministry of Statistics and Programme Implementation (MOSPI)
Industrial Production in India averaged 6.06 percent from 1994 until 2022, 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 June of 2022.
Industrial Production in India is expected to be 4.30 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 4.80 percent in 2023, according to our econometric models.