India's industrial production grew 4.9% [1] in April 2026, the Ministry of Statistics and Programme Implementation said.
This figure is significant because it represents the first official reading under a revised Index of Industrial Production (IIP) series. The shift aims to provide a more accurate reflection of India's evolving economic landscape by updating the metrics used to track industrial output.
The new series updates the base year to 2022-23 [3]. By shifting the baseline, the government intends to better capture the influence of high-tech products, and energy-related services that were not as prominent in previous iterations of the index [3].
Manufacturing showed strong performance during the period. The manufacturing sector grew 6.2% [2] in April 2026. This sector is the primary driver of the overall index, as manufacturing accounts for more than 75% [2] of the total IIP index.
The data was released June 1, 2026 [1], the ministry said. The transition to the new series is designed to align industrial tracking with the current structure of the economy, ensuring that growth in emerging technological fields is properly weighted against traditional industrial activities [3].
“Industrial production grew 4.9% in April 2026”
The adoption of the 2022-23 base year suggests that India's previous industrial metrics were lagging behind the actual composition of its economy. By integrating high-tech and energy services, the government is acknowledging a shift toward a more digitized and modernized industrial base, which may lead to different growth trends than those seen under older reporting standards.
