Index of Industrial Production and Revision of Base Year
• India's Index of Industrial Production (IIP) growth slowed to 4.9% in April 2026, down from 5.8% recorded in April 2025. • The IIP serves as a critical macroeconomic indicator used to measure short-term fluctuations in the volume of industrial production across the economy. • This deceleration highlights a cooling trend in industrial output, which can signal broader shifts in economic momentum and manufacturing health.
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