Market timing

India macro › Industrial production (IIP) › March 2026

Industrial production (IIP), March 2026: up 3.0%

India's industrial output grew 3.0% in March 2026 from a year earlier, after growth of 4.4% in February, the weakest reading since October 2025. In March 2025 it grew 5.8%. The index is on MoSPI's 2022-23 base and covers mining, manufacturing and electricity.

March 2026February 2026March 2025
IIP growth3.0%4.4%5.8%
Industrial production growth (IIP)Apr 2023 – Aug 2026
−5%0%5%10%15%20%25%2024202520263.0
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.