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India macro › Industrial production (IIP) › October 2024

Industrial production (IIP), October 2024: up 5.6%

India's industrial output grew 5.6% in October 2024 from a year earlier, after growth of 4.7% in September, the strongest reading since July 2024. Output has grown for 19 months in a row. In October 2023 it grew 6.6%. The index is on MoSPI's 2022-23 base and covers mining, manufacturing and electricity.

October 2024September 2024October 2023
IIP growth5.6%4.7%6.6%
Industrial production growth (IIP)Apr 2023 – Aug 2026
−5%0%5%10%15%20%25%20245.620252026
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.