India's industrial output experienced a growth of 4.9% in April 2026 compared to the same month in the previous year, as reported by the Ministry of Statistics and Programme Implementation (MoSPI). This marks the first official release under the revamped Index of Industrial Production (IIP) series, which now uses 2022-23 as the base year. The manufacturing sector was a significant contributor, expanding by 6.2%, while electricity and gas supply also saw a positive growth of 4.9%. However, the mining and quarrying sector faced a decline of 5.1%, which tempered the overall industrial growth. The new IIP framework aims to provide a more accurate representation of the industrial landscape by incorporating updated methodologies and a broader industrial coverage. The IIP index rose to 118.9 in April 2026 from 113.1 in April 2025, reflecting improved factory output. This release follows a 4.1% growth in industrial production in March 2026 under the previous IIP series, indicating a consistent upward trend in industrial activity.