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India macro › Industrial production (IIP) › March 2024

Industrial production (IIP), March 2024: up 19.0%

India's industrial output grew 19.0% in March 2024 from a year earlier, after growth of 9.7% in February. Output has grown for 12 months in a row. The index is on MoSPI's 2022-23 base and covers mining, manufacturing and electricity.

March 2024February 2024March 2023
IIP growth19.0%9.7%–
Industrial production growth (IIP)Apr 2023 – Aug 2026
−5%0%5%10%15%20%25%202419.020252026
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.