Factory output grows at slower pace of 4.9% in April, shows government data based on new series
India's industrial production growth slowed to 4.9% in April 2026, impacted by the West Asia crisis and tepid energy sector performance. The government also introduced a revised base year of 2022-23 for the Index of Industrial Production to improve data accuracy.
Why it matters
IIP data is a critical economic indicator for investors and policymakers to gauge the health of the manufacturing and industrial sectors.
India s industrial production expanded at a slower pace of 4.9% in April due to tepid growth in the energy sector amid the West Asia crisis , according to official data released on Monday (June 1, 2026).
The article relies on official government data and provides technical context regarding the base year revision.
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