India's industrial production fell 0.1 percent from a year earlier in March 2019, the first month of contraction since June 2013. Manufacturing production shrank 0.4 percent, the same pace as in the previous month, while mining output rose at a softer pace (0.8 percent vs 2.2 percent). On the other hand, electricity output growth accelerated to 2.2 percent from 1.3 percent. Industrial production for 2018/19 grew at 3.6 percent, slower than 4.4 percent in the previous fiscal year. Industrial Production in India averaged 6.29 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 4.50 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 4.80 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
2019-01-11 12:00 PM Industrial Production YoY 0.5% 8.4% 4.1% 7.1%
2019-03-12 12:00 PM Industrial Production YoY 1.7% 2.6% 2% 1.5%
2019-04-12 12:00 PM Industrial Production YoY 0.1% 1.4% 2% 2%
2019-05-10 12:00 PM Industrial Production YoY -0.1% 0.1% 1.3% 1.7%
2019-06-12 12:00 PM Industrial Production YoY -0.1% 0.9%
2019-07-12 12:00 PM Industrial Production YoY
2019-08-12 12:00 PM Industrial Production YoY 4.5%


India Business Last Previous Highest Lowest Unit
Business Confidence 113.50 116.20 127.50 96.40 Index Points [+]
Manufacturing PMI 51.80 52.60 55.00 47.90 [+]
Services PMI 51.00 52.00 57.50 44.60 Index Points [+]
Industrial Production -0.10 0.10 19.90 -7.20 percent [+]
Industrial Production Mom 10.00 -5.00 14.80 -14.20 percent [+]
Manufacturing Production -0.40 -0.40 24.30 -9.10 percent [+]
Changes in Inventories 380.27 392.51 731.25 184.29 INR Billion [+]
Car Production 229204.00 237936.00 292861.00 7277.00 Units [+]
Car Registrations 218679.00 251130.00 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 0.80 2.20 13.00 -17.50 percent [+]
Steel Production 9412.00 8738.00 9412.00 713.00 Thousand Tonnes [+]
Cement Production 33124.00 28511.00 33124.00 9355.00 Thousands of Tonnes [+]
Capacity Utilization 74.80 73.80 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 51.70 52.70 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.10 0.10 19.90 -7.20 1994 - 2019 percent Monthly
2011-2012=100, NSA




Country Last Previous
Argentina -13.40 Mar/19
Australia 2.80 Dec/18
Brazil -6.10 Mar/19
Canada -0.68 Feb/19
China 5.40 Apr/19
Euro Area -0.60 Mar/19
France -0.90 Mar/19
Germany -0.90 Mar/19
India -0.10 Mar/19
Indonesia -4.00 Feb/19
Italy -1.40 Mar/19
Japan -4.30 Mar/19
Mexico -0.15 Mar/19
Netherlands -1.70 Mar/19
Russia 4.90 Apr/19
Saudi Arabia 2.34 Sep/18
Singapore -4.80 Mar/19
South Africa 1.20 Mar/19
South Korea -2.80 Mar/19
Spain -3.10 Mar/19
Switzerland 5.10 Dec/18
Turkey -2.20 Mar/19
United Kingdom 1.30 Mar/19
United States 0.90 Apr/19


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