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 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

A new Index of Industrial Production launches on June 1. The base year shifts to 2022-23. Coverage expands to include minor minerals, rare earths, and waste management. One…

India is updating its Index of Industrial Production. The new series will use 2022-23 as the base year, replacing the old 2011-12 base. This revision will include new items and…