Industrial output in India increased 11.5 percent year-on-year in July of 2021, lower than 13.6 percent in the previous month, but above market forecasts of 10.7 percent. It is the fifth month of double-digit growth due to low base effects from last year and as the economy recovers from the coronavirus hit. In July, manufacturing output advanced 10.5 percent, led by electrical equipment (42.9 percent) and motor vehicles, trailers and semi-trailers (35.5 percent). Also, output rose for mining (19.5 percent) and electricity (11.1 percent). source: Ministry of Statistics and Programme Implementation (MOSPI)

Industrial Production in India averaged 6.12 percent from 1994 until 2021, reaching an all time high of 133.50 percent in April 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 September 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. 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
11.50 13.60 133.50 -57.30 1994 - 2021 percent Monthly
2011-2012=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
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 13.6% 28.6% 13.5% 15%
2021-09-10 12:00 PM Jul 11.5% 13.6% 10.7% 10.5%
2021-10-12 12:00 PM Aug 11.5%
2021-11-12 12:00 PM Sep
2021-12-11 12:00 PM Oct


News Stream
India Industrial Output Surprises on the Upside
Industrial output in India increased 11.5 percent year-on-year in July of 2021, lower than 13.6 percent in the previous month, but above market forecasts of 10.7 percent. It is the fifth month of double-digit growth due to low base effects from last year and as the economy recovers from the coronavirus hit. In July, manufacturing output advanced 10.5 percent, led by electrical equipment (42.9 percent) and motor vehicles, trailers and semi-trailers (35.5 percent). Also, output rose for mining (19.5 percent) and electricity (11.1 percent).
2021-09-10
India Industrial Output Growth Beats Forecasts
Industrial production in India rose 13.6 percent year-on-year in June of 2021, slightly above market expectations of 13.5 percent. Manufacturing production advanced 13 percent, led by basic metals (24 percent), coke and refined petroleum products (5.4 percent) and motor vehicles, trailers and semi-trailers (61.5 percent). Also, output rose for mining (23.1 percent) and electricity (8.3 percent).
2021-08-12
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 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.