First IIP release on new base 2022-23: April 2026 growth at 4.9%
On 1 June 2026, MoSPI released the first Index of Industrial Production on the new base year 2022-23, showing 4.9% growth in April 2026, led by 6.2% growth in manufacturing.
Summary
The Ministry of Statistics and Programme Implementation (MoSPI) released on 1 June 2026 the first All India Index of Industrial Production (IIP) of the new series, with the base year revised from 2011-12 to 2022-23. The revision brings an updated item basket, revised weights and wider sectoral coverage, and was carried out under the Technical Advisory Committee for Base Year Revision of IIP (TAC-IIP), whose report was released on 25 May 2026. The quick estimate shows IIP growth of 4.9% in April 2026 over April 2025, with the index at 118.9 against 113.4. Growth in the four sectors was: Mining and Quarrying (-)5.1%, Manufacturing 6.2%, Electricity and Gas Supply 4.9%, and Water Supply, Sewerage and Waste Management 6.6%. Within manufacturing, 17 of 23 industry groups at the NIC 2-digit level grew.
Key facts
- Released
- 1 June 2026, MoSPI
- Base year
- 2022-23 (earlier 2011-12)
- April 2026 growth
- 4.9%
- Index
- 118.9 (April 2025: 113.4)
- Sectors
- Mining -5.1%; Manufacturing 6.2%; Electricity & Gas 4.9%; Water Supply, Sewerage & Waste Mgmt 6.6%
- Manufacturing groups
- 17 of 23 grew
- Committee
- TAC-IIP; report released 25 May 2026
Practice MCQs 3 questions
As per the first release of the new IIP series on 1 June 2026, industrial growth in April 2026 was:
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Correct answer: D — 4.9%
MoSPI's quick estimate puts IIP growth for April 2026 at 4.9%.
The new series of the Index of Industrial Production released on 1 June 2026 uses which base year?
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Correct answer: B — 2022-23
MoSPI revised the IIP base year from 2011-12 to 2022-23.
Consider the following statements about IIP for April 2026 (new series): 1. Mining and Quarrying contracted by 5.1%. 2. Manufacturing grew by 4.9%. Which of the statements given above is/are correct?
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Correct answer: A — 1 only
Statement 1 is correct. Statement 2 is wrong: manufacturing grew 6.2%; 4.9% was the headline IIP growth and the growth of electricity and gas supply.