Industry Odisha Bureau, Jun 2: The revamped Index of Industrial Production (IIP), released by the Ministry of Statistics and Programme Implementation (MoSPI), has reportedly depicted India’s industrial output having grown by 4.9% in April 2026.
Reportedly, the MoSPI’s revamped IIP series has “adopted 2022-23 as the base year instead of 2011-12 that used to be base year previously.”
Accordingly, the growth rate in April 2026 reportedly shows “industrial production expansion of 4.1% in March 2026” since it has reportedly been “measured under the previous base year series of 2011-12.”
Reflecting the present scenario of the Indian economy, the MoSPI’s revamped IIP series reportedly stated that, “the manufacturing sector mainly propped up the industrial growth as it grew 6.2% year-on-year (YoY) in April 2026, while the mining and quarrying sector dwindled 5.1%. However, 4.9% growth was driven by the electricity sector.”
The latest data released by the MoSPI also reportedly estimated: “The overall IIP grew up to 118.9 in April 2026 in comparison to 113.1 in April 2025.”
The MoSPI’s latest data reportedly highlighted: “The industrial activities have gained momentum since the index of manufacturing sector has improved to 119.3 this year in comparison to previous year’s 112.3.”
