India's industrial production increased 3.1 percent from a year earlier in May 2019, easing from an upwardly revised 4.3 percent gain in the previous month and slightly below market expectations of a 3.2 percent rise. Output growth slowed in manufacturing (2.5 percent compared to 4 percent in April); and mining (3.2 percent compared to 5.1 percent). Meanwhile, electricity production accelerated to 7.4 percent from 6 percent in the prior month. Considering April to May, industrial output rose 3.7 percent, slower than 4.1 percent in the same period of the previous fiscal year. Industrial Production in India averaged 6.27 percent from 1994 until 2019, reaching an all time high of 19.90 percent in November of 2006 and a record low of -7.20 percent in February of 2009.

Industrial Production in India is expected to be 5.40 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 3.20 in 12 months time. In the long-term, the India Industrial Production is projected to trend around 6.50 percent in 2020, according to our econometric models.

India Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-12 12:00 PM Industrial Production YoY Feb 0.1% 1.4% 2% 2%
2019-05-10 12:00 PM Industrial Production YoY Mar -0.1% 0.1% 1.3% 1.7%
2019-06-12 12:00 PM Industrial Production YoY Apr 3.4% 0.4% 0.8% 0.9%
2019-07-12 12:00 PM Industrial Production YoY May 3.1% 4.3% 3.2% 2.8%
2019-08-12 12:00 PM Industrial Production YoY Jun 3.1% 4.5%
2019-09-12 12:00 PM Industrial Production YoY Jul
2019-10-11 12:00 PM Industrial Production YoY Aug


India Business Last Previous Highest Lowest Unit
Business Confidence 113.50 116.20 127.50 96.40 Index Points [+]
Manufacturing PMI 52.10 52.70 55.00 47.90 [+]
Services PMI 49.60 50.20 57.50 44.60 Index Points [+]
Industrial Production 3.10 4.30 19.90 -7.20 percent [+]
Industrial Production Mom 4.50 -9.20 14.80 -14.20 percent [+]
Manufacturing Production 2.50 4.00 24.30 -9.10 percent [+]
Changes in Inventories 417.62 381.77 731.25 184.29 INR Billion [+]
Car Production 182596.00 217200.00 292861.00 7277.00 Units [+]
Car Registrations 195933.00 210462.00 304900.00 6508.00 [+]
Internet Speed 6492.06 5567.50 6492.06 784.09 KBps [+]
IP Addresses 9378846.00 9261013.00 14278593.00 1768679.00 IP [+]
Mining Production 3.20 5.10 13.00 -17.50 percent [+]
Steel Production 9196.00 8785.00 9412.00 713.00 Thousand Tonnes [+]
Cement Production 28562.00 28727.00 33124.00 9355.00 Thousands of Tonnes [+]
Capacity Utilization 75.90 74.80 83.20 71.00 percent [+]
Competitiveness Index 62.02 60.83 62.02 4.20 Points [+]
Competitiveness Rank 58.00 63.00 71.00 42.00 [+]
Composite Pmi 50.80 51.70 55.40 46.00 [+]
Corruption Index 41.00 40.00 41.00 26.30 Points [+]
Corruption Rank 78.00 81.00 95.00 35.00 [+]
Ease of Doing Business 77.00 100.00 139.00 77.00 [+]


India Industrial Production

In India, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. In India, manufacturing accounts for 77.6 percent of total output, mining for 14.4 percent and electricity for 8 percent. This page provides - India Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Industrial Production - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.10 4.30 19.90 -7.20 1994 - 2019 percent Monthly
2011-2012=100, NSA




Country Last Previous
Argentina -6.90 May/19
Australia 1.20 Mar/19
Brazil 7.10 May/19
Canada 2.14 Apr/19
China 6.30 Jun/19
Euro Area -0.50 May/19
France 4.00 May/19
Germany -3.70 May/19
India 3.10 May/19
Indonesia 7.90 Mar/19
Italy -0.70 May/19
Japan -2.10 May/19
Mexico -3.35 May/19
Netherlands -0.90 May/19
Russia 3.30 Jun/19
Saudi Arabia 2.34 Sep/18
Singapore -2.40 May/19
South Africa 1.00 May/19
South Korea -0.20 May/19
Spain 1.40 May/19
Switzerland 4.30 Mar/19
Turkey -1.30 May/19
United Kingdom 0.90 May/19
United States 1.30 Jun/19


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