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 hundred twenty new items are added, such as CCTV cameras and vaccines. Sixty-four items are removed. This update provides a more comprehensive view of industrial activity.

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…

NEW DELHI: The new index of industrial production (IIP) series, having 2022-23 as base year, is set to track for first time the output of rare earths and minor minerals, piped…

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…