Index of Industrial Production (IIP)
Context (Why in news?)
- IIP grew 6.7% in November (25-month high), led by manufacturing & capital goods
IIP (What?)
- Measures short-term industrial output
IIP Covers
- Manufacturing
- Mining
- Electricity
Base Year
- 2011–12
Proposed New Base Year
- 2022–23
Released by
- Ministry of Statistics and Programme Implementation (MoSPI)
Eight Core Industries (What?)
- Lead indicators of industrial growth
- 40.27% weight in IIP
Core Industries Data Released by
- Office of the Economic Adviser
- DPIIT, Ministry of Commerce & Industry
8 Core Industries
- Coal
- Crude Oil
- Natural Gas
- Refinery Products
- Fertilisers
- Steel
- Cement
- Electricity





