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India macro › Industrial production (IIP) › May 2023

Industrial production (IIP), May 2023: up 5.2%

India's industrial output grew 5.2% in May 2023 from a year earlier, after growth of 0.4% in April. The index is on MoSPI's 2022-23 base and covers mining, manufacturing and electricity.

May 2023April 2023May 2022
IIP growth5.2%0.4%–
Industrial production growth (IIP)Apr 2023 – Aug 2026
−5%0%5%10%15%20%25%5.2202420252026
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.