Market timing

India macro › Industrial production (IIP) › May 2026

Industrial production (IIP), May 2026: up 5.0%

India's industrial output grew 5.0% in May 2026 from a year earlier, after growth of 4.9% in April, the strongest reading since December 2025. Output has grown for 7 months in a row. In May 2025 it grew 3.4%. The index is on MoSPI's 2022-23 base and covers mining, manufacturing and electricity.

May 2026April 2026May 2025
IIP growth5.0%4.9%3.4%
Industrial production growth (IIP)Apr 2023 – Aug 2026
−5%0%5%10%15%20%25%2024202520265.0
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.