India's industrial production growth slowed sharply to 0.5 percent year-on-year in November 2018 from an upwardly revised 11-month high of 8.4 percent in the previous month and missing market expectations of a 4.1 percent. It was the smallest gain in industrial activity since a contraction recorded in June 2017 as manufacturing production fell 0.4 percent (vs 8.2 percent in October) with fabricated metal products output falling the most (-13.4 percent), followed by electrical equipment (-9.6 percent) and other manufacturing (-7.3 percent). In addition, mining output expanded at a softer 2.7 percent (vs 7.2 percent in October) and electricity production increased 5.1 percent (vs 10.8 percent in October). Industrial Production in India averaged 6.36 percent from 1994 until 2018, 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 4.80 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 5.00 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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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-12 12:00 PM Industrial Production YoY 4.3% 6.5% 4% 4.2%
2018-11-12 12:00 PM Industrial Production YoY 4.5% 4.7% 4.3% 3.7%
2018-12-12 12:00 PM Industrial Production YoY 8.1% 4.5% 5.7% 4.4%
2019-01-11 12:00 PM Industrial Production YoY 0.5% 8.4% 4.1% 7.1%
2019-02-12 12:00 PM Industrial Production YoY 0.5% 4%
2019-03-12 12:00 PM Industrial Production YoY
2019-04-12 12:00 PM Industrial Production YoY


India Business Last Previous Highest Lowest Unit
Business Confidence 64.90 60.10 71.80 45.70 Index Points [+]
Manufacturing PMI 53.20 54.00 55.00 47.90 [+]
Services PMI 53.20 53.70 57.50 44.60 Index Points [+]
Industrial Production 0.50 8.40 19.90 -7.20 percent [+]
Industrial Production Mom -4.80 3.30 14.80 -14.20 percent [+]
Manufacturing Production -0.40 8.20 24.30 -9.10 percent [+]
Changes in Inventories 245.80 237.18 731.25 184.29 INR Billion [+]
Car Production 197199.00 203516.00 292861.00 7277.00 Units [+]
Car Registrations 214783.00 231082.00 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 2.70 7.20 13.00 -17.50 percent [+]
Steel Production 8490.00 8770.00 9227.00 713.00 Thousand Tonnes [+]
Cement Production 26098.00 28372.00 28579.00 9355.00 Thousands of Tonnes [+]
Competitiveness Index 62.02 60.83 62.02 4.20 Points [+]
Competitiveness Rank 58.00 63.00 71.00 42.00 [+]
Composite Pmi 53.60 54.50 55.40 46.00 [+]
Corruption Index 40.00 40.00 40.00 26.30 Points [+]
Corruption Rank 81.00 79.00 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 8.40 19.90 -7.20 1994 - 2018 percent Monthly
2011-2012=100, NSA




Country Last Previous
Argentina -13.30 Nov/18
Australia 2.80 Sep/18
Brazil -0.90 Nov/18
Canada 4.20 Oct/18
China 5.70 Dec/18
Euro Area -3.30 Nov/18
France -2.10 Nov/18
Germany -4.70 Nov/18
India 0.50 Nov/18
Indonesia 0.60 Oct/18
Italy -2.60 Nov/18
Japan 1.50 Nov/18
Mexico -1.30 Nov/18
Netherlands 0.40 Nov/18
Russia 2.40 Nov/18
Saudi Arabia 5.84 Jun/18
Singapore 7.60 Nov/18
South Africa 1.60 Nov/18
South Korea 0.10 Nov/18
Spain -2.60 Nov/18
Switzerland 1.40 Sep/18
Turkey -6.50 Nov/18
United Kingdom -1.50 Nov/18
United States 4.00 Dec/18


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