India's Industrial Production Grows 4.8%
Analysis based on 8 articles · First reported Mar 02, 2026 · Last updated Mar 02, 2026
The reported 4.8% growth in India's industrial production for January 2026 is a positive signal for the market, indicating economic expansion. The upcoming revision of the IIP base year by the India===Ministry of Statistics and Programme Implementation will provide updated economic metrics.
India's Index of Industrial Production (IIP) recorded a 4.8% year-on-year growth in January 2026, following a 7.8% growth in December 2025. This expansion was primarily driven by a 4.8% growth in the manufacturing sector, a 5.1% growth in the electricity sector, and a 4.3% growth in the mining sector. Within manufacturing, key contributors included basic metals, motor vehicles, and non-metallic mineral products. Infrastructure/construction goods showed the highest growth at 13.7%, while consumer non-durables contracted by 2.7%. The India===Ministry of Statistics and Programme Implementation also announced plans to shift the base year for the IIP to 2022-23, with the new series to be released in May 2026.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard