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Index of Industrial Production (IIP)
Description:
Index of Industrial Production (IIP) is an abstract number, the magnitude of which represents the status of production in the industrial sector for a given period of time as compared to a reference period of time. It is a statistical measure which enables us to arrive at a single representative figure to gauge the general level of industrial activity in the economy. IIP is a short-term indicator measuring industrial growth till the actual result of detailed industrial surveys become available. This indicator is of paramount importance and is being used by various organisations.

Ever since its adoption with 1937 as the base year, the IIP has remained a lead indicator of growth in industrial output in the country. The IIP has been revised from time to time in order to account for changes in industrial structure with rebasing to 2011-12 being the ninth and the latest revision. This module provides IIP data with different base periods from April 1970 to the current month. Data frequency includes month, quarter (January-March, April-June, July-September and October-December) and annual (calendar year and financial year).