India plans a significant overhaul of its industrial output index, introducing new sectors like renewable energy and updating the base year for accuracy.

India’s revamped IIP series with a 2022-23 base year will include rare earths, gas supply, water supply and waste management sectors from June 1.

India plans a significant overhaul of its industrial output index, introducing new sectors like renewable energy and updating the base year for accuracy.

Introduction of chain-linked IIP in addition to the fixed base index, and greater granularity in electricity index are among the key improvements recommended

India's industrial tracking is getting a major upgrade. The new Index of Industrial Production will monitor 120 additional items, including advanced technology and healthcare…