Skip to main content

India macro › Industrial production (IIP) › December 2023

Industrial production (IIP), December 2023: up 9.0%

India's industrial output grew 9.0% in December 2023 from a year earlier, after growth of 1.1% in November. Output has grown for 9 months in a row. The index is on MoSPI's 2022-23 base and covers mining, manufacturing and electricity.

December 2023November 2023December 2022
IIP growth9.0%1.1%–
Industrial production growth (IIP)Apr 2023 – Aug 2026
−5%0%5%10%15%20%25%9.0202420252026
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.