In developments reported on June 1, 2026, 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.
Separately, the Ministry of Statistics and Programme Implementation released the first quick estimate on June 1, 2026.
In addition, manufacturing output rose 6.2%; electricity and gas supply grew 4.9%; water supply and waste management rose 6.6%.
The same reports noted that mining and quarrying contracted 5.1%, and capital goods posted the strongest use-based growth at 16%.
Authorities also said the quick estimate IIP index reading was 118.9 in April 2026 versus 113.1 a year earlier.
Further context from the day indicated moSPI scheduled the next IIP release for May 2026 data on June 29.
Related filings and briefings added that intermediate goods grew 7.7% and infrastructure or construction goods rose 7.1% in the April use-based breakdown.
Parallel announcements clarified that six manufacturing industries contracted in April, including a 12.5% drop in the reported leather category.
Agencies indicated more information would follow after scheduled meetings.
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Sources:
https://www.thehindu.com/business/Economy/india-us-chief-negotiators-to-hold-four-day-trade-talks-from-june-1/article71044303.ece