Industrial production in India rose 29.3 percent year-on-year in May of 2021, below market expectations of 32 percent as regional lockdowns in most states to contain the second wave of the coronavirus pandemic hurt activities. Manufacturing production advanced 34.5 percent, led by motor vehicles, trailers and semi-trailers (208.2 percent) and textiles (165.2 percent). Also, output rose for mining (23.3 percent) and electricity (7.5 percent). source: Ministry of Statistics and Programme Implementation (MOSPI)

Industrial Production in India averaged 5.74 percent from 1994 until 2021, reaching an all time high of 29.30 percent in May 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 July of 2021.

Industrial Production in India is expected to be 6.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in India to stand at 4.10 in 12 months time. In the long-term, the India Industrial Production is projected to trend around 4.20 percent in 2022 and 4.80 percent in 2023, according to our econometric models.

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India Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
29.30 134.60 134.60 -57.30 1994 - 2021 percent Monthly
2011-2012=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-12 12:00 PM Feb -3.6% -0.9% -3% -2.8%
2021-05-12 12:00 PM Mar 22.4% -3.4% 17.6% 16.5%
2021-06-11 12:00 PM Apr 134.4% 24.1% 120% 65%
2021-07-12 12:00 PM May 29.3% 134.6% 32% 35%
2021-08-12 12:00 PM Jun 29.3%
2021-09-10 12:00 PM Jul
2021-10-12 12:00 PM Aug
2021-11-12 12:00 PM Sep


News Stream
India Industrial Production Rises Less than Expected
Industrial production in India rose 29.3 percent year-on-year in May of 2021, below market expectations of 32 percent as regional lockdowns in most states to contain the second wave of the coronavirus pandemic hurt activities. Manufacturing production advanced 34.5 percent, led by motor vehicles, trailers and semi-trailers (208.2 percent) and textiles (165.2 percent). Also, output rose for mining (23.3 percent) and electricity (7.5 percent).
2021-07-12
India Industrial Output Soars 134%
Industrial production in India surged 134.4 percent year-on-year in April of 2021, the biggest increase ever, beating market forecasts of a 120 percent gain. A low base effect from last year is weighing on the data as production fell at a record 57.3 percent in April 2020 when the majority of the establishments were not operating and many units had no production due to the coronavirus lockdown. Big rises this year were seen for manufacturing (197.1 percent), mining (37.1 percent) and electricity (38.5 percent).
2021-06-11
India Industrial Output Expands at Record Pace
India's industrial output surged 22.4 percent in March 2021 compared with the same month last year when a strict lockdown was in place due to the coronavirus outbreak. It was the largest increase in industrial activity on record, easily beating market expectations of a 17.6 percent jump, mainly boosted by a 25.8 percent advance in manufacturing output. Within manufacturing, production rose for basic metals; chemicals & chemical products; food products; pharmaceuticals, medicinal chemical & botanical products; vehicles; machinery & equipment; and other non-metallic mineral products. By contrast, the manufacture of coke and refined petroleum products continued to contract. Elsewhere, electricity production climbed 22.5 percent and mining output rose 6.1 percent.
2021-05-12
India Industrial Output Falls Most in 6 Months
India's industrial output dropped 3.6 percent from a year earlier in February 2021, the most since last August and compared with market expectations of a 3.0 percent decrease. Manufacturing production shrank 3.7 percent (vs -1.3 percent in January), led by declines in manufacture of basic metals (-4.8 percent vs 6.0 percent), coke and refined petroleum products (-9.5 percent vs -0.5 percent), chemicals and chemical products (-1.8 percent vs 2.6 percent), food products (-0.6 percent vs -3.3 percent), pharmaceuticals, medicinal chemical and botanical products (-4.8 percent vs -8.0 percent), machinery and equipment n.e.c. (-1.9 percent vs -7.2 percent), and other non-metallic mineral products (-7.0 percent vs -6.1 percent). Meanwhile, mining output was down 5.5 percent (vs -2.5 percent in January), while electricity output edged 0.1 percent higher (vs 5.5 percent in January).
2021-04-12

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.