The Ministry of Statistics and Programme Implementation (MoSPI) is revising the Index of Industrial Production (IIP) base. MoSPI is revisiting methodologies, exploring data sources, and incorporating changes after consulting with experts, academicians, users, and stakeholders. MoSPI has prepared Discussion Paper 3.0: Seasonal Adjustment of Index of Industrial Production, outlining the proposed methodology for seasonally adjusting IIP in response to increasing demand, since industrial production is significantly influenced by seasonality and calendar effects. Views and comments are invited from experts, academicians, Central government Ministries/departments, State governments, financial institutions, and other stakeholders. The Discussion Paper is available at www.mospi.gov.in. Comments and suggestions can be sent to iipcso[at]nic[dot]in by February 12th, 2026.
Key Entities Referenced
Index of Industrial Production (IIP): Key economic indicator undergoing base revision and seasonal adjustment.
Discussion Paper 3.0: Seasonal Adjustment of Index of Industrial Production: MoSPI document outlining the proposed methodology for seasonal adjustment of IIP.
Ministry of Statistics and Programme Implementation (MoSPI): Indian ministry responsible for the revision and seasonal adjustment of the Index of Industrial Production.
Ministry of Statistics & Programme Implementation
Release of Discussion Paper 3.0: Seasonal
Adjustment of Index of Industrial Production
प्रव तथ: 28 JAN 2026 5:05PM by PIB Delhi
The Ministry of Statistics and Programme Implementation (MoSPI) is undertaking the base revision
exercise of the Index of Industrial Production (IIP). In the process, MoSPI is revisiting
methodologies, exploring new data sources and incorporating changes after comprehensive
consultations with the experts, academicians, users and other stakeholders.
Although, industrial production is significantly influenced by seasonality and calendar effects, India has
not attempted to publish seasonally adjusted IIP series so far and users were expected to undertake such
analysis separately using methods and tools of their choice. However, in light of an increasing demand for
a seasonally adjusted IIP among users, MoSPI has prepared a Discussion Paper 3.0: Seasonal Adjustment
of Index of Industrial Production which outlines the proposed methodology for seasonal adjustment of IIP.
MoSPI invites views and comments from experts, academicians, Central government Ministries/
departments, State governments, financial institutions and other stakeholders on the proposed
methodology.
The Discussion Paper is available on the MoSPI website www.mospi.gov.in. Comments and suggestions
may be sent to iipcso[at]nic[dot]in by 12th February, 2026.
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