Industrial output grows 4.9 pc in April under new IIP series; manufacturing leads expansion
New Delhi, June 1
India's industrial production growth stood at 4.9 per cent in April 2026 compared to the corresponding month of the previous year, according to the first official release of the revamped Index of Industrial Production series with 2022-23 as the new base year.
The latest data, released by the Ministry of Statistics and Programme Implementation (MoSPI), marks the beginning of a new statistical series aimed at better reflecting the current structure of the Indian economy.
The growth in industrial activity was driven largely by the manufacturing sector, which registered a robust expansion of 6.2 per cent year-on-year in April. Electricity and gas supply recorded a growth of 4.9 per cent during the month, while the mining and quarrying sector contracted by 5.1 per cent, moderating the overall industrial growth rate.
According to the quick estimates, the overall IIP stood at 118.9 in April 2026 as against 113.1 in April 2025. The manufacturing index rose to 119.3 from 112.3 a year ago, reflecting improved factory output and continued momentum in industrial activity.
The April data is significant as it is the first set of industrial production figures released under the revised IIP framework with 2022-23 as the base year, replacing the earlier 2011-12 series. The revised series incorporates a wider industrial coverage, updated product basket and weights, and methodological improvements intended to provide a more accurate picture of the country's industrial performance.
MoSPI has stated that the new series has been designed to capture structural changes in the economy over the past decade, including the emergence of new industries and products. The revised framework also offers greater granularity and improved representation of industrial activity through the inclusion of additional item groups and updated data sources.
The April reading comes after industrial production growth of 4.1 per cent in March 2026 under the old 2011-12 base series.
The government has been undertaking a broader overhaul of key economic indicators, including GDP and price indices, by shifting to newer base years and incorporating improved data sources and statistical methodologies. These revisions are likely to help generate more representative and policy-relevant economic indicators.
— ANI
Reader Comments
Good to see the new IIP base year 2022-23 being implemented. Hope this gives more accurate picture of our industrial output. Manufacturing seems to be driving growth nicely, keep it up! 🔧
While 4.9% growth is decent, we need to see if this translates into more jobs on ground. Numbers are fine but aam aadmi ko fark nahi padta. Also mining sector ka kya karna hai? ⚒️
Statistical revisions are welcome but I wish we could see more sectoral breakdowns. 6.2% manufacturing growth sounds promising - would love to know which sub-sectors performed best. The base year update makes sense after 14 years. 📊
Finally a revamped IIP series after so long! Mining contraction needs urgent attention - it's a critical sector for resources. Manufacturing growth is good for Make in India. Let's hope next month shows even better numbers. 🇮🇳
Positive start but I'm cautiously optimistic. Mining output declining is a red flag - it affects downstream industries. Need to see sustained growth for a few more months before celebrating. 😊
One criticism - these statistical revisions often take years
We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.