**Executive Summary**
The document presents the quick estimate of the Index of Industrial Production (IIP) and the Use-based Index for November 2025, with a base year of 2011-12=100. The IIP recorded a 6.7% growth in November 2025, driven by the manufacturing sector's 8.0% growth. The release date for the Index for December 2025 is Wednesday, 28th January 2026.
**Key Points / Main Content**
* **IIP Growth:**
* The IIP growth rate for November 2025 is 6.7%, compared to 0.4% in October 2025.
* Sector-wise growth rates for November 2025 are: Mining (5.4%), Manufacturing (8.0%), and Electricity (-1.5%).
* The Quick Estimate of IIP stands at 158.0 in November 2025, up from 148.1 in November 2024.
* **Manufacturing Sector:**
* 20 out of 23 industry groups at the NIC 2-digit level recorded positive growth in November 2025.
* Top three positive contributors: "Manufacture of basic metals" (10.2%), "Manufacture of pharmaceuticals, medicinal chemical and botanical products" (10.5%), and "Manufacture of motor vehicles, trailers and semi-trailers" (11.9%).
* Specific item groups contributing to growth include "MS slabs," "HR coils and sheets of mild steel," and "Flat products of Alloy Steel" in "Manufacture of basic metals."
* Item groups like "Digestive enzymes and antacids (incl. PPI drugs)," "Vaccine for veterinary medicine," and "Anti-psychotic drugs (e.g. Olanzapine)" showed significant growth in "Manufacture of pharmaceuticals, medicinal chemical and botanical products."
* In the "Manufacture of motor vehicles, trailers and semi-trailers," "Auto components/spares and accessories," "Commercial Vehicles," and "Passenger cars" contributed significantly.
* **Use-Based Classification:**
* Indices for November 2025: Primary Goods (150.7), Capital Goods (117.8), Intermediate Goods (170.1), Infrastructure/Construction Goods (198.7), Consumer Durables (134.0), and Consumer Non-Durables (169.7).
* Growth rates: Primary goods (2.0%), Capital goods (10.4%), Intermediate goods (7.3%), Infrastructure/Construction goods (12.1%), Consumer durables (10.3%), and Consumer non-durables (7.3%).
* Top contributors to IIP growth based on use: Infrastructure/construction goods, intermediate goods, and consumer non-durables.
* **Additional Information:**
* October 2025 indices have undergone final revision.
* The Quick Estimates for November 2025 and the final revision for October 2025 have been compiled at weighted response rates of 89.72 percent and 92.75 percent.
**Impact Analysis**
**Source Agencies**
* **Impact:** Source agencies provide the initial data for compiling the Index of Industrial Production (IIP). The accuracy and timeliness of their data directly influence the reliability and relevance of the IIP.
* **Action Required:** Continue providing accurate and timely data from producing factories and establishments to ensure the IIP reflects the current industrial production landscape.
**Policy Makers and Government Bodies**
* **Impact:** The Index of Industrial Production (IIP) serves as a crucial indicator of the industrial sector's performance, influencing policy decisions and economic planning.
* **Action Required:** Use the November 2025 IIP data to assess the impact of existing policies and to inform future economic strategies, addressing areas of concern such as sectors with negative growth.
**Industrial Sector Stakeholders**
* **Impact:** The detailed sector-wise and use-based classifications in the IIP provide insights into the performance of various industries, affecting investment decisions and operational strategies.
* **Action Required:** Analyze the IIP data to identify growth opportunities and challenges within specific industries, adjusting production and investment strategies accordingly.
**Users of Statistical Data**
* **Impact:** Researchers, economists, and other users rely on the IIP data for analysis, forecasting, and understanding industrial trends, which informs academic research, economic analysis, and investment decisions.
* **Action Required:** Incorporate the November 2025 IIP data into economic models, research papers, and investment analyses to provide current and accurate insights.
Key Entities Referenced
Index of Industrial Production (IIP): A key economic indicator tracking the change in the volume of production of industrial commodities in an economy during a specific period.
Ministry of Statistics & Programme Implementation: The Indian government ministry responsible for the collection, compilation, and dissemination of statistics, and for planning and monitoring of programmes.
National Industrial Classification (NIC-2008): A statistical standard for classifying economic activities used in India for gathering and presenting data.
Ministry of Statistics & Programme Implementation
QUICK ESTIMATE OF INDEX OF INDUSTRIAL
PRODUCTION AND USE-BASED INDEX FOR
THE MONTH OF NOVEMBER 2025 (BASE 2011-
12=100)
India's Index of industrial production records growth of 6.7%
in November 2025
प्रव तथ: 29 DEC 2025 4:00PM by PIB Delhi
Driven by 8.0% growth in manufacturing sector, Index of Industrial Production (IIP) recorded a
6.7 % year-on-year growth in November 2025. The growth is led by Manufacture of basic metals
and fabricated metal products, pharmaceuticals and motor vehicles
Growth in the Mining sector at 5.4% has also rebounded due to closure of monsoon season and
strong growth in metallic minerals such as Iron ore
The Quick Estimate of Index of Industrial Production (IIP) is released on 28th of every month (or next
working day if 28th is a holiday). The index is compiled with data received from source agencies, which
in turn receive the data from the producing factories/ establishments. These Quick Estimates will undergo
revision in subsequent releases as per the revision policy of IIP.
2. Key Highlights:
i. The IIP growth rate for the month of November 2025 is 6.7 percent which was 0.4 percent
(Quick Estimate) in the month of October 2025.
ii. The growth rates of the three sectors, Mining, Manufacturing and Electricity for the month of
November 2025 are 5.4 percent, 8.0 percent and (-)1.5 percent respectively.
iii. The Quick Estimates of IIP stands at 158.0 against 148.1 in November 2024. The Indices of
Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of
November 2025 stand at 141.0, 158.8 and 181.3 respectively.
iv. Within the manufacturing sector, 20 out of 23 industry groups at NIC 2 digit-level have
recorded a positive growth in November 2025 over November 2024. The top three positive
contributors for the month of November 2025 are – “Manufacture of basic metals” (10.2%),
“Manufacture of pharmaceuticals, medicinal chemical and botanical products” (10.5%) and
“Manufacture of motor vehicles, trailers and semi-trailers” (11.9%).
v. In the industry group “Manufacture of basic metals”, item groups “MS slabs”, “HR coils and
sheets of mild steel” and “Flat products of Alloy Steel” have shown significant contribution in
growth.
vi. In the industry group “Manufacture of pharmaceuticals, medicinal chemical and botanical
products”, item groups “Digestive enzymes and antacids (incl. PPI drugs)”, “Vaccine forveterinary medicine”, and “Anti-psychotic drugs (e.g. Olanzapine)” have shown significant
contribution in growth.
vii. In the industry group “Manufacture of motor vehicles, trailers and semi-trailers” item groups
“Auto components/ spares and accessories”, “Commercial Vehicles” and “Passenger cars”
have shown significant contribution in growth.
viii. As per the use base classification, the indices stand at 150.7 for Primary Goods, 117.8 for
Capital Goods, 170.1 for Intermediate Goods and 198.7 for Infrastructure/ Construction
Goods for the month of November 2025. Further, the indices for Consumer durables and
Consumer non-durables stand at 134.0 and 169.7 respectively.
ix. The corresponding growth rates of IIP as per Use-based classification in November 2025
over November 2024 are 2.0 percent in Primary goods, 10.4 percent in Capital goods, 7.3
percent in Intermediate goods, 12.1 percent in Infrastructure/ Construction Goods, 10.3
percent in Consumer durables and 7.3 percent in Consumer non-durables (Statement III).
Based on use-based classification, top three positive contributors to the growth of IIP for the
month of November 2025 are Infrastructure/ construction goods, Intermediate goods and
Consumer non-durables.
x. Monthly Indices and Growth Rate (in %) of IIP for the last 13 months
3. Along with the Quick Estimate of IIP for the month of November 2025, the indices for October
2025 have undergone final revision in the light of the updated data received from the source agencies.
4. The Quick Estimates for November 2025 and the final revision for October 2025 have been
compiled at weighted response rates of 89.72 percent and 92.75 percent.
5. Details of Quick Estimates of the Index of Industrial Production for the month of November 2025 at
Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and by Use-based classification
are given at Statements I, II and III respectively. Also, for users to appreciate the changes in the industrial
sector, Statement IV provides month-wise indices for the last 13 months, by industry groups (as per 2-
digit level of NIC-2008) and sectors.
6. Release of the Index for December 2025 will be on Wednesday, 28th January 2026.
Note: -
1. This Press release (English and Hindi Version) is also available at the Ministry’s Website -http://ww
w.mospi.gov.in.2. Detailed information pertaining to IIP is available at https://mospi.gov.in/iip and https://esankhyiki.
mospi.gov.in/
STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION - SECTORAL
(Base: 2011-12=100)
Month Mining Manufacturing Electricity General
(14.372472) (77.63321) (7.994318) (100)
2024-25 2025- 2024-25 2025-26 2024-25 2025- 2024-25 2025-26
26 26
Apr 130.9 130.7 144.6 149.1 212.0 215.7 148.0 151.8
May 136.5 136.4 150.4 155.2 229.3 218.5 154.7 157.6
Jun 134.9 123.2 146.6 152.0 222.8 220.1 151.0 153.3
Jul 116.1 107.7 148.8 157.7 220.2 228.4 149.8 156.2
Aug 107.1 114.2 146.1 151.6 212.3 221.1 145.8 151.8
Sep 111.7 111.2 147.2 155.4 206.9 213.4 146.9 153.7
Oct 128.5 126.2 148.4 151.3 207.8 193.4 150.3 151.1
Nov* 133.8 141.0 147.0 158.8 184.1 181.3 148.1 158.0
Dec 143.2 157.2 192.8 158.0
Jan 150.7 159.5 201.9 161.6
Feb 141.9 148.4 194.0 151.1
Mar 158.1 162.4 219.5 166.3
Average
Apr- 124.9 123.8 147.4 153.9 211.9 211.5 149.3 154.2
Nov
Growth over the corresponding period of previous yearOct 0.9 -1.8 4.4 2.0 2.0 -6.9 3.7 0.5
Nov* 1.9 5.4 5.5 8.0 4.4 -1.5 5.0 6.7
Apr- 3.3 -0.9 4.1 4.4 5.3 -0.2 4.1 3.3
Nov
*Figures for November 2025 are Quick Estimates.
Note: Indices for the months of Oct’25 incorporate updated production data.
STATEMENT II: INDEX OF INDUSTRIAL PRODUCTION - (2-DIGIT LEVEL)
(Base: 2011-12=100)
Industry Description Weight Index Cumulative Percentage
Index growth
code Nov'24 Nov'25* Apr-Nov Nov'25* Apr-
Nov
2024- 2025- 2025-
25 26 26
10 Manufacture of 5.302 136.5 144.5 123.0 122.0 5.9 -0.8
food products
11 Manufacture of 1.035 99.4 97.7 112.8 109.0 -1.7 -3.4
beverages
12 Manufacture of 0.798 80.3 92.1 82.0 89.2 14.7 8.8
tobacco products
13 Manufacture of 3.291 106.2 109.6 108.0 107.4 3.2 -0.6
textiles
14 Manufacture of 1.322 110.3 94.4 111.7 109.1 -14.4 -2.3
wearing apparel
15 Manufacture of 0.502 76.3 77.0 92.5 88.5 0.9 -4.3
leather and related
products16 Manufacture of 0.193 98.2 115.3 100.5 110.8 17.4 10.2
wood and products
of wood and cork,
except furniture;
manufacture of
articles of straw and
plaiting materials
17 Manufacture of 0.872 75.0 78.1 79.5 77.7 4.1 -2.3
paper and paper
products
18 Printing and 0.680 82.6 78.1 84.0 76.2 -5.4 -9.3
reproduction of
recorded media
19 Manufacture of 11.775 135.6 136.1 134.7 137.4 0.4 2.0
coke and refined
petroleum products
20 Manufacture of 7.873 123.2 130.3 129.8 127.9 5.8 -1.5
chemicals and
chemical products
21 Manufacture of 4.981 251.4 277.8 229.6 229.5 10.5 0.0
pharmaceuticals,
medicinal chemical
and botanical
products
22 Manufacture of 2.422 103.6 109.5 113.3 114.1 5.7 0.7
rubber and plastics
products
23 Manufacture of 4.085 136.7 152.8 143.3 151.7 11.8 5.9
other non-metallic
mineral products
24 Manufacture of 12.804 222.0 244.7 223.1 245.8 10.2 10.2
basic metals
25 Manufacture of 2.655 95.2 106.7 94.2 101.0 12.1 7.2
fabricated metal
products, except
machinery and
equipment26 Manufacture of 1.570 115.9 135.5 131.2 138.0 16.9 5.2
computer, electronic
and optical products
27 Manufacture of 2.998 121.1 140.2 125.6 141.3 15.8 12.5
electrical equipment
28 Manufacture of 4.765 117.7 126.9 121.3 127.6 7.8 5.2
machinery and
equipment n.e.c.
29 Manufacture of 4.857 134.4 150.4 131.6 144.0 11.9 9.4
motor vehicles,
trailers and semi-
trailers
30 Manufacture of 1.776 159.4 187.7 161.4 172.7 17.8 7.0
other transport
equipment
31 Manufacture of 0.131 201.7 230.6 222.4 229.1 14.3 3.0
furniture
32 Other 0.941 57.0 71.5 82.8 72.8 25.4 -12.1
manufacturing
05 Mining 14.3725 133.8 141.0 124.9 123.8 5.4 -0.9
10-32 Manufacturing 77.6332 147.0 158.8 147.4 153.9 8.0 4.4
35 Electricity 7.9943 184.1 181.3 211.9 211.5 -1.5 -0.2
General Index 100.00 148.1 158.0 149.3 154.2 6.7 3.3
*Figures for November 2025 are Quick Estimates.
STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION - USE-BASED
(Base :2011-12=100)Primary Capital Intermediate Infrastructure/ Consumer Consu
goods goods goods construction durables non-dur
goods
Month (34.048612) (8.223043) (17.221487) (12.338363) (12.839296) (15.329
2024- 2025- 2024- 2025- 2024- 2025- 2024- 2025- 2024- 2025- 2024-
25 26 25 26 25 26 25 26 25 26 25
Apr 152.2 151.9 95.0 108.3 157.8 165.5 184.2 192.9 119.5 126.9 150.9
May 160.9 158.6 105.3 119.3 162.4 170.0 186.3 198.8 130.2 129.0 154.0
Jun 156.0 152.1 111.3 114.6 159.1 167.8 184.9 197.3 127.1 130.7 145.2
Jul 150.1 149.0 114.0 121.7 164.6 174.6 179.7 204.3 126.6 135.8 147.1
Aug 141.6 149.2 107.4 112.2 162.3 170.7 181.5 200.4 129.8 134.3 141.8
Sep 141.3 143.2 116.5 122.8 160.8 171.0 178.8 197.7 132.9 146.2 145.7
Oct 149.8 148.9 109.2 111.5 165.0 169.2 184.2 197.3 129.8 128.1 146.4
Nov* 147.7 150.7 106.7 117.8 158.5 170.1 177.3 198.7 121.5 134.0 158.1
Dec 157.7 114.7 170.1 195.4 123.8 166.9
Jan 162.8 119.3 172.5 200.2 130.0 165.1
Feb 152.3 115.4 159.1 191.7 126.4 146.7
Mar 169.5 136.3 175.6 214.6 138.8 149.0
Average
Apr- 150.0 150.5 108.2 116.0 161.3 169.9 182.1 198.4 127.2 133.1 148.7
Nov
Growth over the corresponding period of previous
year
Oct 2.5 -0.6 2.9 2.1 4.8 2.5 4.7 7.1 5.5 -1.3 2.8
Nov* 2.7 2.0 8.9 10.4 4.8 7.3 8.0 12.1 14.1 10.3 0.6Apr- 4.0 0.3 4.4 7.2 4.3 5.3 6.1 9.0 8.8 4.6 -0.5
Nov
*Figures for November 2025
are Quick Estimates.
NOTE: Indices for the months of Oct’25 incorporate updated production data.
STATEMENT IV: MONTHLY INDEX OF INDUSTRIAL PRODUCTION - (2
(Base: 2011-12=100)
Industry Description Weight Nov- Dec- Jan- Feb- Mar- Apr- May- Jun-
code 24 24 25 25 25 25 25 25
10 Manufacture of 5.3025 136.5 154.2 159.2 142.7 131.6 121.1 118.4 118.5
food products
11 Manufacture of 1.0354 99.4 104.2 117.1 116.9 133.4 121.9 131.4 115.7
beverages
12 Manufacture of 0.7985 80.3 88.2 96.9 76.3 96.9 75.7 93.1 85.1
tobacco
products
13 Manufacture of 3.2913 106.2 114.2 113.7 106.7 113.0 105.7 103.8 107.8
textiles
14 Manufacture of 1.3225 110.3 119.1 121.1 121.4 144.8 114.2 126.5 127.5
wearing apparel
15 Manufacture of 0.5021 76.3 89.2 93.8 88.1 88.8 88.4 97.9 96.2
leather and
related products16 Manufacture of 0.1930 98.2 115.0 104.4 106.8 117.2 105.0 102.4 104.4
wood and
products of
wood and cork,
except furniture;
manufacture of
articles of straw
and plaiting
materials
17 Manufacture of 0.8724 75.0 76.9 76.7 72.2 78.2 73.7 77.4 77.3
paper and paper
products
18 Printing and 0.6798 82.6 89.9 83.3 78.9 82.2 75.3 77.1 76.7
reproduction of
recorded media
19 Manufacture of 11.7749 135.6 147.4 146.3 131.8 146.0 132.5 142.2 138.2
coke and refined
petroleum
products
20 Manufacture of 7.8730 123.2 131.0 130.7 121.9 129.8 121.8 127.9 126.6
chemicals and
chemical
products
21 Manufacture of 4.9810 251.4 259.1 246.1 211.8 218.3 231.5 243.5 220.8
pharmaceuticals,
medicinal
chemical and
botanical
products
22 Manufacture of 2.4222 103.6 107.0 118.7 114.6 118.9 117.0 121.8 114.7
rubber and
plastics products
23 Manufacture of 4.0853 136.7 157.7 162.3 159.8 180.2 156.7 159.4 158.7
other non-
metallic mineral
products
24 Manufacture of 12.8043 222.0 236.8 242.2 224.3 252.2 235.6 243.5 239.4
basic metals25 Manufacture of 2.6549 95.2 107.4 104.0 102.2 110.4 94.1 97.7 102.8
fabricated metal
products, except
machinery and
equipment
26 Manufacture of 1.5704 115.9 115.1 126.0 139.9 165.2 126.3 129.8 134.4
computer,
electronic and
optical products
27 Manufacture of 2.9983 121.1 163.9 131.4 122.1 144.8 125.9 132.3 143.1
electrical
equipment
28 Manufacture of 4.7653 117.7 127.5 121.7 124.4 158.3 118.3 130.6 132.0
machinery and
equipment n.e.c.
29 Manufacture of 4.8573 134.4 116.0 148.3 142.0 145.3 146.7 142.7 134.0
motor vehicles,
trailers and
semi-trailers
30 Manufacture of 1.7763 159.4 142.2 180.0 157.8 165.2 139.2 163.1 154.2
other transport
equipment
31 Manufacture of 0.1311 201.7 239.0 212.1 233.8 239.4 223.7 232.0 239.2
furniture
32 Other 0.9415 57.0 77.9 76.6 71.5 88.2 77.2 61.4 61.7
manufacturing
5 Mining 14.3725 133.8 143.2 150.7 141.9 158.1 130.7 136.4 123.2
10-32 Manufacturing 77.6332 147.0 157.2 159.5 148.4 162.4 149.1 155.2 152.0
35 Electricity 7.9943 184.1 192.8 201.9 194.0 219.5 215.7 218.5 220.1
General Index 100 148.1 158.0 161.6 151.1 166.3 151.8 157.6 153.3Note: The figures for
November 2025 are
provisional
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