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Rare earth, gas supply, aircraft parts: What’s inside the new IIP calculus as India revises base year
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 sectors, offering a more accurate picture of industrial output. The updated index aims to capture emerging industries and technological progress.
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thehindubusinessline.com
New IIP series to include rare earths, gas and water supply from June 1
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.
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newsbytesapp.com
India's industrial output index to be revamped next week
India plans a significant overhaul of its industrial output index, introducing new sectors like renewable energy and updating the base year for accuracy.
