Macroeconomic indicator measuring short-term changes in industrial production volume, now revised with 2022-23 as the new base year replacing 2011-12.
India's Index of Industrial Production (IIP) growth slowed to 4.9% in April 2026 from 5.8% in April 2025, while the government introduced a revised IIP series with 2022-23 as the new base year, replacing 2011-12.
|
Term |
Detail |
|
IIP Full Form |
Index of Industrial Production |
|
Published By |
NSO under MoSPI |
|
New Base Year |
2022-23 (revised in 2026) |
|
Old Base Year |
2011-12 |
|
Product Basket |
1,042 products, 463 item groups |
|
April 2026 Growth |
4.9% (down from 5.8% in April 2025) |
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