India's Industrial Output (IIP) Grows 7.3% in June 2026
India's Industrial Output (IIP) Grows 7.3% in June 2026
India's Index of Industrial Production (IIP) recorded a growth of 7.3% in June 2026, according to data released around 3 August 2026, reflecting robust performance in manufacturing, electricity, and mining sectors.
Background
The IIP is a key short-term indicator of industrial performance, released monthly by the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI). It measures growth across mining, manufacturing, and electricity sectors, weighted by their relative economic significance.
Key Highlights
- IIP growth for June 2026 stood at 7.3%, indicating continued industrial momentum.
- Manufacturing, which carries the highest weight in the IIP basket, was a key growth driver.
- Strong IIP figures support expectations of steady GDP growth for the ongoing fiscal year.
Economic Relevance
IIP trends are closely watched by policymakers, including the RBI's MPC, as an indicator of real economic activity alongside inflation data when setting monetary policy.
TNPSC Relevance
Index of Industrial Production, its base year, sectoral weights, and its role as an economic indicator are important Economy/Reports topics for TNPSC exams.
Static GK Links
- The current base year for IIP calculation is 2011-12.
- IIP covers three sectors: Mining, Manufacturing, and Electricity.
- IIP is released by the National Statistical Office (NSO) under MoSPI.
Exam Notes
Memory tip: IIP base year = 2011-12; three sectors = Mining, Manufacturing, Electricity; released by NSO/MoSPI.
TNPSC MCQs
| No. | Question | Answer |
|---|---|---|
| 1 | India's IIP growth rate for June 2026 was? | 7.3% — Explanation: Reflecting strong manufacturing and electricity sector performance. |
| 2 | The current base year used for IIP calculation is? | 2011-12 — Explanation: Used to measure relative industrial growth. |
| 3 | Which organisation releases the IIP data in India? | National Statistical Office (NSO), under MoSPI — Explanation: Releases IIP data monthly. |
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