analysis · intermediate
IIP
The Index of Industrial Production tracks monthly output across mining, manufacturing, and electricity in India.
IIP is released by the statistics ministry and is watched as a near-term activity indicator.
Manufacturing carries the largest weight within the overall IIP basket.
Markets compare IIP with PMI surveys and corporate production commentary.
Revisions to earlier IIP prints are common and can change the growth narrative.
Part of the Market Pulse Term of the Day series — factual market vocabulary, not investment advice.