Index of Industrial Production Rises to 25-Month High in November

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
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Index of Industrial Production Rises to 25-Month High in November

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