IIP Annual
Our section on Index of Industrial Production - Monthly discusses details of IIP
This section captures annual averages of IIP, comprising Mining (14.3725% weight), Manufacturing (77.6332%), Electricity (7.9943%) and the Overall IIP
Data for compilation of IIP is sourced from 14 source agencies in various Ministries/Departments. Each of the source agencies based on their administrative domain, collect the production data of the concerned list of item groups, and provide the same to Economic Statistics Division, CSO after due validation
| Year | Mining | Manufacturing | Electricity | General |
|---|---|---|---|---|
| 2024-25 | 132.8 | 150.6 | 208.6 | 152.6 |
| 2023-24 | 128.9 | 144.7 | 198.3 | 146.7 |
| 2022-23 | 119.9 | 137.1 | 185.2 | 138.5 |
| 2021-22 | 113.3 | 131.0 | 170.1 | 131.6 |
| 2020-21 | 101.0 | 117.2 | 157.6 | 118.1 |
| 2019-20 | 109.6 | 129.6 | 158.4 | 129.0 |
| 2018-19 | 107.9 | 131.5 | 156.9 | 130.1 |
| 2017-18 | 104.9 | 126.6 | 149.2 | 125.3 |
| 2016-17 | 102.5 | 121.0 | 141.6 | 120.0 |
| 2015-16 | 97.3 | 115.9 | 133.8 | 114.7 |
| 2014-15 | 93.3 | 112.7 | 126.6 | 111.0 |
| 2013-14 | 94.6 | 108.6 | 110.3 | 106.7 |
| 2012-13 | 94.7 | 104.8 | 104.0 | 103.3 |
Initially, 2009-10 was recommended as the base year for the new series of IIP and laid down detailed methodologies of item selection, computation of weights with 2009-10 as base year. However, later the WG took note of the fact that it was already decided that base year of the revised series of National Accounts would be 2011-12. Further the base year of new series of Consumer Price Indices (CPI) was already decided to be 2012 (calendar year). Since it is advisable to consider the same base for all macroeconomic aggregates, the WG recommended shifting the base year of IIP to 2011-12
The National Industrial Classification (NIC) is an indigenized version of the International Standard Industrial Classification (ISIC) developed by the United Nations Statistics Division (UNSD). Due to the rapid changes in the industrial structure of the country, it is necessary to undertake revisions of the industrial classification. NIC 2004 version used in IIP with base 2004-05 was based on ISIC version 3.1, while the NIC 2008 version adopted in the new series of IIP with base 2011-12 is based on the revised ISIC 4 version. Between the two versions of NIC, several changes in structure of classification has taken place, by merging/ splitting of existing industries and addition of new industries based on the new industrial pattern of the economy and new industries assuming significance
Read:
MoSPI Releases the National Industrial Classification (NIC) – 2025 (18th November 2025)