Index of Industrial Production (IIP) is an index that indicates the performance of various industrial sectors of the Indian economy. It is a composite indicator of the general level of industrial activity in the economy which measures the volume of production that takes place in the country every month. Based on the performance measured every month, a general increase or decrease in the industrial activity can be measured. It is compiled and published monthly by the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation.
| Aspect | Details |
|---|---|
| Published by | National Statistical Office (NSO), Ministry of Statistics & PI |
| Base Year | 2011–12 (latest revision) |
| Frequency | Monthly |
| Release Time | 12th of every month (data for two months prior) |
| Coverage | Mining, Manufacturing, and Electricity |
It contains 407 items taken from 3 broad sectors like manufacturing, mining, and electricity. The industry sectors that it contains along with their respective weights are as follows
| Sector | Weight |
|---|---|
| Manufacturing | 77.63% |
| Electricity | 7.99% |
| Mining | 14.38% |
The goods in IIP can be further categorized as (i) Primary goods, (ii) Capital goods, (iii) Infrastructure/ construction goods, (iv) Intermediate goods, (v) Consumer durables, and (vi) Consumer non-durables.
| No. | Industry | Weight in ICI (%) |
|---|---|---|
| 1 | Refinery Products | 28.04% |
| 2 | Electricity | 19.85% |
| 3 | Steel | 17.92% |
| 4 | Coal | 10.33% |
| 5 | Crude Oil | 8.98% |
| 6 | Natural Gas | 6.88% |
| 7 | Cement | 5.37% |
| 8 | Fertilizers | 2.63% |
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June 30 WHAT? India’s factory output growth, measured by the Index of Industrial Production (IIP), dropped to a nine-month low of 1.2% in May 2025, down from 2.7% in April. This slowdown reflects challenges across key sectors, impacting the industrial landscape. Key Details Manufacturing growth decelerated to 2.6% in May 2025 from 5.1% a year ago. Mining output contracted by 0.1%, a sharp decline from 6.6% growth in May 2024. Power production fell by 5.8%, contrasting with a 13.7% rise the previous...
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November 20 The PLI scheme or Production Linked Incentive scheme is a scheme that intends to give companies cash incentives as they gradually increase their sales of products manufactured in domestic units from a given base year. The scheme was first introduced in March 2020. The scheme shall extend an incentive of 4% to 6% on incremental sales (over base year) of goods manufactured in India and covered under target segments, to eligible companies, for a period of five (5) years subsequent to the base year as...
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