Market timing

India macro › Industrial production (IIP) › August 2024

Industrial production (IIP), August 2024: up 2.1%

India's industrial output grew 2.1% in August 2024 from a year earlier, after growth of 7.8% in July, the weakest reading since November 2023. Output has grown for 17 months in a row. In August 2023 it grew 6.9%. The index is on MoSPI's 2022-23 base and covers mining, manufacturing and electricity.

August 2024July 2024August 2023
IIP growth2.1%7.8%6.9%
Industrial production growth (IIP)Apr 2023 – Aug 2026
−5%0%5%10%15%20%25%20242.120252026
Year-on-year growth of the general index (2022-23 base), covering mining, manufacturing and electricity.

Source: Ministry of Statistics and Programme Implementation (MoSPI). MoSPI revises earlier periods as fuller data arrives; this page shows the latest published figure. The latest figures for every indicator are on the India macro dashboard.