Industrial Production in India decreased 10 percent in March of 2020 over the previous month. The government released only quick estimates for the month of May of 2020 which showed a 64.9 percent rise in industrial output but warned those figures should not be compared with previous months due to insufficient data as the country was under lockdown amid efforts to contain the spread of the COVID-19 pandemic. The same applies to April figures with estimates showing a 54.5 percent drop.

Industrial Production Mom in India averaged 0.56 percent from 2005 until 2020, reaching an all time high of 14.80 percent in March of 2011 and a record low of -14.20 percent in April of 2006. This page provides the latest reported value for - India Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. India Industrial Production MoM - values, historical data and charts - was last updated on August of 2020.

Industrial Production Mom in India is expected to be 14.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in India to stand at 1.40 in 12 months time. In the long-term, the India Industrial Production MoM is projected to trend around 1.00 percent in 2021 and 0.80 percent in 2022, according to our econometric models.

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India Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
-10.00 -2.70 14.80 -14.20 2005 - 2020 percent Monthly
2011-2012=100, NSA

India Business Last Previous Highest Lowest Unit
Business Confidence 105.00 102.20 127.50 96.40 points [+]
Services PMI 34.20 33.70 57.50 5.40 points [+]
Manufacturing PMI 46.00 47.20 55.30 27.40 points [+]
Industrial Production -18.30 5.20 19.90 -18.30 percent [+]
Industrial Production Mom -10.00 -2.70 14.80 -14.20 percent [+]
Manufacturing Production -22.40 3.10 24.30 -22.40 percent [+]
Changes in Inventories 704.45 647.18 731.25 184.29 INR Billion [+]
Car Production 60949.00 14072.00 292861.00 7277.00 Units [+]
Car Registrations 77341.00 27441.00 304900.00 2753.00 [+]
Internet Speed 6492.06 5567.50 6492.06 784.09 KBps [+]
IP Addresses 9378846.00 9261013.00 14278593.00 1768679.00 IP [+]
Total Vehicle Sales 1048263.00 1646332.00 2584096.00 12914.00 units [+]
Steel Production 6917.00 5767.00 10042.00 0.00 Thousand Tonnes [+]
Mining Production -1.40 9.70 13.00 -17.50 percent [+]
Capacity Utilization 68.60 69.10 83.20 68.60 percent [+]
Competitiveness Index 61.36 62.02 62.02 4.20 Points [+]
Competitiveness Rank 68.00 58.00 71.00 42.00 [+]
Composite Pmi 37.20 37.80 57.60 7.20 points [+]
Cement Production 26337.00 22210.00 33124.00 4077.00 Thousands of Tonnes [+]
Ease of Doing Business 63.00 77.00 139.00 63.00 [+]
Electricity Production 266308.00 241842.00 266308.00 27666.00 Gigawatt-hour [+]
Deposit Growth 10.80 11.00 29.30 2.70 percent [+]
Corruption Index 41.00 41.00 41.00 26.30 Points [+]
Corruption Rank 80.00 78.00 95.00 35.00 [+]


India Industrial Production MoM
In India, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.