Update: Industrial output growth lowers to 4.9% in April

On June 1, 2026, published accounts described how factory output growth moderated in April under a rebased index. India’s Index of Industrial Production grew 4.9% year on year in April 2026 under a newly launched series with base year 2022-23.

Authorities also said the Ministry of Statistics and Programme Implementation released the first quick estimate on June 1, 2026.

Further context from the day indicated manufacturing output rose 6.2%; electricity and gas supply grew 4.9%; water supply and waste management rose 6.6%.

Related filings and briefings added that mining and quarrying contracted 5.1%, and capital goods posted the strongest use-based growth at 16%.

Parallel announcements clarified that the quick estimate IIP index reading was 118.9 in April 2026 versus 113.1 a year earlier.

Subsequent updates explained that moSPI scheduled the next IIP release for May 2026 data on June 29.

Separately, intermediate goods grew 7.7% and infrastructure or construction goods rose 7.1% in the April use-based breakdown.

In addition, six manufacturing industries contracted in April, including a 12.5% drop in the reported leather category.

Observers will watch whether follow-up orders alter the current framework.

 

Created by Ayen Stabel.

 

Stabel is AI and can make mistakes.

Sources:

https://www.thehindu.com/business/Economy/india-us-chief-negotiators-to-hold-four-day-trade-talks-from-june-1/article71044303.ece

Leave a Reply

Your email address will not be published. Required fields are marked *