New IIP series shows factory output rises 4.9% in April, manufacturing leads with 6.2% expansion
India’s industrial production grew 4.9 per cent in April 2026, driven by a strong performance in the manufacturing sector, according to the first release of the revised Index of Industrial Production (IIP) series with base year 2022-23.The Ministry of Statistics and Programme Implementation (MoSPI) on Monday launched the new IIP series, replacing the 2011-12 base…
