IIP Data: India's Output Jumps 4.9% in April Under Revamped IIP Series

India's industrial output rose 4.9% in April 2026, helped mainly by stronger manufacturing activity. The jump came alongside the first release of the revamped Index of Industrial Production series, which now uses FY23 as the base year instead of 2011-12, aiming to mirror the current economic structure.

The Ministry of Statistics and Programme Implementation said the updated IIP basket and weights are designed to match present industrial patterns. The revised framework widens coverage to newer sectors and products, while also refining how traditional industries are tracked across the national index.

India's industrial output and revamped IIP series: sector performance

Manufacturing, the largest part of the index, grew 6.2% year-on-year in April 2026. Electricity and gas supply increased 4.9%, while water supply, sewerage and waste management activity advanced 6.6%. Mining and quarrying was the main drag, with output from that segment shrinking 5.1% compared with April 2025.

Within manufacturing, output expanded in 17 of 23 industry groups. Strong gains came from motor vehicles, trailers and semi-trailers, which recorded 12.7% growth. Electrical equipment production surged 19.2%, while machinery and equipment output was up 12.9%, signalling firm demand across transport, capital goods and electrical categories.

India's industrial output and revamped IIP series: use-based trends

On a use-based view, capital goods delivered the fastest growth, with production jumping 16% in April 2026. Intermediate goods rose 7.7%, and infrastructure and construction goods climbed 7.1%. Consumer durables output increased 4.3%, while consumer non-durables reported more moderate growth of 2.8% over the same month a year earlier.

The revised IIP series broadens industrial measurement by incorporating gas supply, water supply, sewerage and waste management activities. It also splits electricity into separate indices for renewable and non-renewable generation, and creates distinct indices for fuel, metallic minerals and non-metallic minerals, offering more detailed information for each energy and mining segment.

Several manufacturing industries recorded double-digit expansion under the new series. Electrical equipment was the fastest-growing category at 19.2%, followed by other transport equipment at 18.9% and textiles at 15.6%. Machinery and equipment, motor vehicles, fabricated metal products and basic metals also posted solid output increases during April 2026.

Some sectors weakened despite the overall expansion in India's industrial output. Wood products contracted 12.5%. Beverages, wearing apparel, printing and recorded media, and furniture all saw declines. Production of coke and refined petroleum products slipped slightly compared with April 2025, indicating softer activity in parts of the energy value chain.

India's industrial output and revamped IIP series: index levels and outlook

Under the FY23-based series, the overall IIP level for April 2026 stood at 118.9, up from 113.1 in April 2025. The revamped index is expected to provide a sharper picture of industrial trends and act as a more reliable input for estimating gross domestic product across sectors.

The updated product basket includes items such as CCTV cameras, aircraft parts, stents and vaccines, which reflect newer technologies and healthcare demand. Products considered less relevant, including kerosene, CFL bulbs and some tyre tubes, have been removed. The next IIP reading, for May 2026, is scheduled for release on June 29.