Industrial output slows to 4.9% in new data series
India’s industrial output, as measured by the Index of Industrial Production (IIP), grew 4.9% in April 2026 under the revised series with 2022-23 as the base year released on Monday. The growth rate was slower than 5.8% recorded in April last year with 2011-12 as the base year.The new series has broadened the coverage of the index by incorporating water supply, sewerage and waste management activities and gas supply, while retaining the existing three core sectors — mining, manufacturing, and electricity. Of the four sectoral indices, three grew at a slower pace and one shrunk in the reporting month on a year-on-year basis. While mining and quarrying output declined by over 5.1%, manufacturing sector output grew at 6.2% in the reporting month, slightly slower than the 6.3% in 2025. The electricity and gas supply sector grew at 4.9% while water supply, sewerage and waste management grew at 6.6%.
The base years of major macroeconomic indicators, which were earlier 2011-12, were revised in 2026 beginning with the GDP. The IIP is the latest in the measures that have been revised to 2022-23 as the base year.
Besides adding new sectoral divisions, the new series also entails “improved granularity”. For instance, mining sector index will now include data classification for fuel minerals, metallic minerals, including rare earth minerals and non-metallic minerals, including minor minerals. Similarly, the electricity index has been classified into renewable and non-renewable sources.
The new basket of goods to calculate IIP consists of 1,042 products mapped to 463 item groups. The older series had just 839 items mapped to 407 item groups. Further, the weights provided to each sector and each industry within the manufacturing sector has been revised in line with the updated Gross Value Added (GVA) 2022-23 series.
During the WAVES Summit in Mumbai, Prime Minister Narendra Modi underlined India's developing position in the global creative economic sector. During his opening address, India earned the description of an "orange economy" because cultural and creative sectors drive both financial growth and job creation. Rajnikanth and Mukesh Ambani joined
The Mahahtra government achieved a historical milestone by returning to India the historic sword of Raghuji Bhosale I during a Sotheby’s auction in London, which belonged to a notable 18th-century Maratha ruler. The state of Mahahtra achieves its first success in acquiring historical artifacts from international auctions. The bidding
Stay updated with The Hindu Editorial Vocab24 app, your definitive source for breaking news and comprehensive coverage from India and around the globe. Whether it's political developments, business updates, sports highlights, the latest technology trends, or current events, The Hindu brings live, accurate, and reliable news directly to your device.
Don’t fall for sensationalized or fake news shared online. Read and share accurate updates with friends and family through The Hindu Editorial Vocab24 app. Download it today!
News Coverage in The Hindu Editorial Vocab24 App
Breaking News: Receive instant notifications on breaking news stories as they unfold. Stay informed about major events and developments in India and around the world with live blogs, news in shorts videos, and concise articles.
Politics: Get the latest updates on Indian politics, including elections, policy changes, government decisions, and political events that shape the nation.
Business and Economy: Stay ahead in the economic landscape with detailed business news and market analysis. Learn about stock market trends, financial reports, corporate news, and economic developments to make informed investment decisions.
Current Events: Follow stories on social issues, policy changes, global events, and daily current affairs, tailored for UPSC and other competitive exam preparations.
Technology: Keep up with the latest gadgets, innovations, and tech trends. Read expert reviews and analyses in short, concise updates on cutting-edge technology from India and beyond.
Sports: Never miss a moment of your favorite sports. Get live scores, match reports, and expert analysis on cricket, football, tennis, and more.
International News: Stay informed about global events and geopolitical developments, including the Russia-Ukraine war, Israel-Palestine conflict, and other key international stories.
Local News: Stay connected to your community with the latest updates on city events, issues, and local news. Coverage includes hyperlocal updates from cities like Bangalore, Chennai, Delhi, Hyderabad, Mumbai, Kolkata, and more.
Trending Topics: Discover what's trending today with the most talked-about stories and hot topics across India and the world.
Experience journalism that values integrity, accuracy, and reliability. Download The Hindu Editorial Vocab24 app today and stay connected with the world.
Subscribe to our newsletter!
