Tag: Index of Industrial Production (IIP)
The Industrial Production Index is changing: Updated index will match the new economy
India is set to revamp the Industrial Production Index with a new base year, expanded sector coverage, and updated weights to better reflect modern industry, energy transition, and utility services.
November IIP jumps to 6.7%: India’s factories find their pace again
India’s industrial output (IIP) rose 6.7% in November, the fastest in 25 months, led by an 8% jump in manufacturing and a rebound in mining.
Modi govt’s bold overhauling of IIP ensures more accurate measurement of industrial growth
The government is strengthening India's statistical base with unprecedented rigor and openness by sweeping away outdated production data linked to closed factories.