The latest Index of Industrial Production (IIP) series reveals a notable increase in both manufacturing and overall industrial output, with growth rates significantly higher than those recorded in the previous 2011-12 series. For the fiscal year 2023-24, the general IIP growth is reported at 6.7%, compared to 5.9% in the older series. This trend continues into 2024-25, where the new series anticipates a growth of 6.4%, contrasting sharply with the 4% growth in the old series. By 2025-26, the growth rates are projected at 4.3% for the new series versus 4.1% for the old, indicating a gradual convergence. Additionally, the electricity sector, which now includes gas supply, shows improved growth figures under the new series for the upcoming years. The revised weights in the IIP also suggest a transformation in the industrial landscape, with increased emphasis on sectors such as food products, apparel, rubber and plastics, automobiles, and pharmaceuticals, while traditional sectors like basic metals and refined petroleum products have seen a reduction in their relative importance.