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India macro › Industrial production (IIP) › January 2024

Industrial production (IIP), January 2024: up 11.1%

India's industrial output grew 11.1% in January 2024 from a year earlier, after growth of 9.0% in December. Output has grown for 10 months in a row. The index is on MoSPI's 2022-23 base and covers mining, manufacturing and electricity.

January 2024December 2023January 2023
IIP growth11.1%9.0%–
Industrial production growth (IIP)Apr 2023 – Aug 2026
−5%0%5%10%15%20%25%11.1202420252026
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.