Iip

Nomura's note citing the 14-low momentum in India's industrial production adds a layer of caution amid the strong GDP figures and GST relief. The increasing pressure from Trump tariffs is overshadowing the respite expected from the recent tax cuts.

Industrial production slows to 14-month low of 0.4% in October

The increase in industrial production contrasts with the performance of core industries, where growth fell to a 14-month low of 0 percent

Industrial output data release for October postponed to December 1; here's why

Indian economy grew at a six-quarter high of 8.2% in the July-September quarter of the ongoing financial year 2026, according to official data released on November 28.

Lopsided IIP Growth: Five sectors drive gains, half of manufacturing languishes

September's industrial production data reveals a troubling paradox: while consumer durables and automobiles surge on festive demand, the broader manufacturing base is shrinking, with staples contracting and robust growth concentrated in just five of 23 sectors

IIP growth slows to a three-month low of 4% in September

The weaker print can be attributed to a tepid manufacturing quarter, impacted by heavy rains in parts of the country and temporary disruptions linked to the GST rate rationalisation implemented in late September

Core sector growth slows to 3% in September as energy output weakens

Steel, cement hold firm even as refinery and gas production contract

Industrial growth slows to 4% in August as manufacturing eases

Mining emerged as the best performer, rising to a 14-month high of 6 percent after contracting 7.2 percent in July. Electricity output also improved modestly, growing 4.1 percent compared with 3.7 percent in the previous month

Core sector growth rises to a 15-month high of 6.3% in August

The pickup in August core sector growth was led by coal, steel and cement, even as crude oil, natural gas and refinery products continued to underperform.

Industrial output remains subdued as July IIP records 3.5% growth, helped by manufacturing

The uptick was in contrast with the performance of the eight core industries, which together carry a 40 percent weight in the Index of Industrial Production (IIP)

Industrial growth falls to 10-month low of 1.5% in June, Q1 expansion at three year low

Core sector weakness and coal contraction weigh on quarterly industrial output

GST collections rise 6.1% YoY to Rs 1.85 lakh crore in June; slowest pace of growth in four years

In April, gross GST collections had hit an all-time high of Rs 2.37 lakh crore

Factory activity rises to a 14-month high of 58.4 in June

The quarterly outlook for manufacturing also seems to be better, with the index reading at 58.1 compared with 57.4 in the previous month

Industrial production dips to nine-month low of 1.2% in May

The decline corresponds with a dip in core sector performance. Core sector growth slumped to a nine-month low of 0.7 percent in May from 1 percent in the previous month

Statistics Ministry exploring 'chain-based' IIP measurement to better-track factory output

The government believes that after an exhaustive Annual Survey of Industries has been put in place, a chain-based index can better capture the changes in India's production patterns.

Industrial growth moderates in FY25 amid trade uncertainty, but domestic factors hold key: Experts

Industrial production growth slowed to 4 percent in FY25, reflecting weak domestic demand and global uncertainty, with March growth flat at 3 percent.

Industrial growth picks up in March at 3% but ends FY25 lower at 4%

The core sector, which has a 40 percent weight in IIP, grew at 3.8 percent, up from 3.4 percent in the previous month, as steel, cement and electricity picked up

Industrial production drops to 6-month low of 2.9% in February

The core sector, which has a 40 percent weight in the index of industrial production, had slipped to a five-month low in February

Industrial production rises to eight-month high of 5% in January

The core sector slipped in January, as infrastructure industries' growth declined to 4.6 percent from 4.8 percent in the previous month

Industrial growth slips to three-month low of 3.2% in December

The dip in industrial production follows a decline in core sector output, which slipped to 4 percent from 4.4 percent in the previous month

IIP growth rises to a six-month high of 5.2% in November

India’s core sector output had expanded to a four-month high of 4.3 percent in November compared with 3.7 percent in the previous month

India’s core sector growth rises to four-month high of 4.3% in November

Industrial production had increased to a three-month high of 3.5 percent in October, helped by the festive season push

New industrial growth numbers to have 2022-23 as base year

The new series is expected to be available in the last quarter of FY26, when the government also plans to release new growth and consumer inflation numbers

November retail inflation strengthens case for February rate cut

Not only did food prices fall by 0.6 percent from the previous month, but overall retail prices too were also lower by 0.15 percent

India to release monthly unemployment rate data from February-March 2025

Both urban and rural unemployment data will be released monthly. The earlier plan was to release numbers related only to urban workforce participation.

Stats ministry to soon release results of time use and capex surveys

The two-part capex survey will have one section on investments made in the past year, and the other on investment expectations for the next two years. The time use survey will capture the trends on unpaid and paid workers across gender