Industrial Production in India increased 5.2% year-on-year in January of 2023, following a 4.3% rise in December and compared to market forecasts of a 5% increase. Output from the manufacturing sector increased 3.7%, mining 8.8% and electricity 12.7%. Considering the April 2022-January 2023 period, industrial production went up 5.4%. source: Ministry of Statistics and Programme Implementation (MOSPI)
Industrial Production in India averaged 6.05 percent from 1994 until 2023, 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 March of 2023.
Industrial Production in India is expected to be 3.20 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 4.90 percent in 2024 and 5.00 percent in 2025, according to our econometric models.