Extracted Data Points

  • Ministry of Statistics and Programme Implementation (MoSPI) is revising base year of All India Index of Industrial Production (IIP) from 2011-12 to 2022-23
  • New series to be released on 1st June 2026
  • IIP will be released every month with a time lag of 28 days from reference month
  • This is the 10th revision of base year of All India IIP
  • Previous base years: 1937, 1946, 1951, 1956, 1960, 1970, 1980-81, 1993-94, 2004-05, 2011-12
  • New series expands scope to include Gas Supply and Water Supply, Sewerage & Waste Management activities
  • Mining sector now includes minor minerals and rare earth minerals along with major minerals
  • Item basket covers 463 item groups (120 new item groups added)
  • 64 item groups dropped from previous series
  • Mining and Quarrying: 3 item groups (44 items) vs 1 item group (29 items) in old series
  • Manufacturing: 455 item groups vs 405 in old series
  • Electricity & Gas supply: 3 item groups vs 1 in old series
  • Water supply, Sewerage & Waste Management: 2 item groups (new addition)
  • Examples of new items: Cards with magnetic stripe, CCTV camera, Non-woven textiles, Aircraft parts, Stents, Vaccines
  • Examples of dropped items: Kerosene, Fluorescent tubes, CFLs, Bicycle tire tubes, Printing machinery, Sewing machines
  • Sectoral weights derived from share of each sector in total Gross Value Added (GVA) at current prices in FY 2022-23
  • Manufacturing weights distributed across NIC 2-digit, 3-digit, and 4-digit levels using ASI 2022-23 GVA data
  • Item-level weights distributed based on Gross Value of Output (GVO) contribution within 4-digit industry groups
  • Uses Laspeyres fixed base index formula: IIP = Σ(Wi × Ri) where Ri = Pi,t / Pi,0
  • Will use NIC 2025 classification for dissemination
  • Currently uses Wholesale Price Index (WPI) as deflator for value-based items, will transition to Output Producer Price Index later
  • Technical Advisory Committee for base year revision (TAC-IIP) recommended methodological changes
  • Linking factor will be released at sectoral level using Geometric Mean method
  • Six use-based categories continue: Primary Goods, Capital Goods, Intermediate Goods, Infrastructure/Construction Goods, Consumer Durable Goods, Consumer Non-Durable Goods
  • Data accessible through e-Sankhyiki Portal: https://esankhyiki.mospi.gov.in
  • Mining sector includes 34 MCDR minerals, 1 rare earth mineral, and 9 minor minerals
  • Electricity sector covers total generation from renewable and non-renewable sources
  • Gas Supply uses volume of gas supplied through mains/pipelines
  • Water Supply tracks water through tap connections in 500 AMRUT cities
  • Sewerage tracks through sewerage/septage connections in 500 AMRUT cities
  • Waste Management tracks quantity of waste collected and processed