Market timing

India macro › Industrial production (IIP) › July 2024

Industrial production (IIP), July 2024: up 7.8%

India's industrial output grew 7.8% in July 2024 from a year earlier, after growth of 7.3% in June, the strongest reading since March 2024. Output has grown for 16 months in a row. In July 2023 it grew 3.0%. The index is on MoSPI's 2022-23 base and covers mining, manufacturing and electricity.

July 2024June 2024July 2023
IIP growth7.8%7.3%3.0%
Industrial production growth (IIP)Apr 2023 – Aug 2026
−5%0%5%10%15%20%25%20247.820252026
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.