India’s Industrial Production Rises 4.9% in April Under New IIP Series

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NEW DELHI — India’s industrial production rose 4.9% in April from a year earlier, driven by strong growth in manufacturing, according to new series data released Monday by the Ministry of Statistics.

The latest figures use 2022-23 as the new base year for the Index of Industrial Production, or IIP.

Manufacturing, which accounts for more than three-fourths of the IIP, grew 6.2% in April compared with the same month last year. Within the sector, 17 of 23 industry groups recorded positive growth.

The biggest contributors to manufacturing growth included motor vehicles, which rose 12.7%; electrical equipment, which increased 19.2%; and machinery and equipment, which grew 12.9%.

Electricity and gas supply increased 4.9% during the month, while water supply, sewerage and waste management posted 6.6% growth.

Mining, however, contracted 5.1% in April.

Use-based data showed capital goods production, a key indicator of investment activity, increased 11.7% in April. The category includes machinery used in factories and is closely watched because of its potential impact on future production, jobs and income growth.

Consumer durables output, including electronics, refrigerators and televisions, rose 4.5%, indicating continued demand for higher-value household goods.

Infrastructure and construction goods production grew more than 9% during the month, supported by public investment in highways, ports, railways and other major projects.

The government said the base-year revision for the new IIP series was carried out under the Technical Advisory Committee for Base Year Revision of the All India Index of Industrial Production. The committee’s report was released May 25, 2026, setting the framework for a broader and more updated measure of industrial production in the country. (Source: IANS)