Index of Industrial Production (IIP) Latest News
India’s industrial activity remained resilient in July 2026, with the overall Index of Industrial Production (IIP) standing at 124.8, unchanged from the revised level recorded in June.
About Index of Industrial Production (IIP)
- It is a composite indicator designed to measure the changes in the volume of the production of an item basket over a period of time with respect to its base year.
- It provides insight into the growth or contraction of industrial activity over a given period, making it a crucial economic performance indicator.
- It is compiled and released by the National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI).
- It is released every month with a time lag of 28 days from the reference month.
- Base Year: It is 2022-23.
- The first IIP was prepared with base year 1937 and thereafter the base year has been revised successively to 1946, 1951, 1956, 1960, 1970, 1980-81, 1993-94, 2004-05 and 2011-12.
- The base year is a chosen year taken as a reference point (index = 100) to compare production over time.
Source: DD News
Last updated on Sep, 2026
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Index of Industrial Production FAQs
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