Latest reading: Industrial production was up 23.0% on a year-on-year basis in June, following a 11.9% rise in the previous...
Industrial Production in India
The Indian economy recorded an average industrial production growth rate of 3.4% in the decade to 2024. In 2024, industrial production growth was 4.1%. For more industry information, visit our dedicated page.
India Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for India from 2013 to 2025.
Source: Macrobond.
India Industry Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 11.4 | 5.3 | 5.9 | 5.7 | 4.2 |
Industrial production speeds up in May
Latest reading: Industrial production increased 5.1% on a year-on-year basis in May, following a 4.9% rise in the prior month. Relative to the prior month's figures, readings in May improved for mining (-1.6% on a year-on-year basis vs -3.8% in April) and electricity (+11.1% vs +3.3% in April). In contrast, the reading for manufacturing softened in May (+5.5% vs +6.1% in April).
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Indian industry projections for the next ten years from a panel of 6 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Indian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Indian industry projections.
Want to get access to the full dataset of Indian industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Taiwan: Industrial production gains steam in June -
Russia: Industrial production returns to growth in June Latest reading: Industrial production was up 0.6% on a year-on-year basis in June, following a 0.7% drop in the previous... -
Poland: Industrial production accelerates in June Latest reading: Industrial production rose 7.6% in annual terms in June, following a 4.1% increase in the prior month. June’s... -
Kazakhstan: Industrial production gains steam in June Latest reading: Industrial production increased 8.2% in annual terms in June, following 4.7% growth in the previous month. Relative to... -
Romania: Industrial production shrinks in May Latest reading: Industrial production declined 2.7% in working-day and seasonally adjusted month-on-month terms in May, following a 1.6% increase in... -
Belarus: Industrial production shrinks more slowly in June Latest reading: Industrial production was down 0.7% in annual terms in June, following a 1.4% drop in the prior month.... -
Cyprus: Industrial production accelerates in May Latest reading: Industrial production rose 2.5% on a calendar-adjusted year-on-year basis in May, following a 1.5% rise in the previous...