Market timing

India macro › Industrial production (IIP) › December 2024

Industrial production (IIP), December 2024: up 6.1%

India's industrial output grew 6.1% in December 2024 from a year earlier, after growth of 5.9% in November, the strongest reading since July 2024. Output has grown for 21 months in a row. In December 2023 it grew 9.0%. The index is on MoSPI's 2022-23 base and covers mining, manufacturing and electricity.

December 2024November 2024December 2023
IIP growth6.1%5.9%9.0%
Industrial production growth (IIP)Apr 2023 – Aug 2026
−5%0%5%10%15%20%25%20246.120252026
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.