Skip to main content

India macro › Industrial production (IIP) › November 2024

Industrial production (IIP), November 2024: up 5.9%

India's industrial output grew 5.9% in November 2024 from a year earlier, after growth of 5.6% in October, the strongest reading since July 2024. Output has grown for 20 months in a row. In November 2023 it grew 1.1%. The index is on MoSPI's 2022-23 base and covers mining, manufacturing and electricity.

November 2024October 2024November 2023
IIP growth5.9%5.6%1.1%
Industrial production growth (IIP)Apr 2023 – Aug 2026
−5%0%5%10%15%20%25%20245.920252026
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.