Market timing

India macro › Industrial production (IIP) › January 2025

Industrial production (IIP), January 2025: up 6.3%

India's industrial output grew 6.3% in January 2025 from a year earlier, after growth of 6.1% in December, the strongest reading since July 2024. Output has grown for 22 months in a row. In January 2024 it grew 11.1%. The index is on MoSPI's 2022-23 base and covers mining, manufacturing and electricity.

January 2025December 2024January 2024
IIP growth6.3%6.1%11.1%
Industrial production growth (IIP)Apr 2023 – Aug 2026
−5%0%5%10%15%20%25%20246.320252026
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.