India’s industrial output quickens 5.1% year-on-year in May 2026, compared with a growth of 4.9% in April, marking a steady expansion in factory activity despite a contraction in mining, according to the latest quick estimates of the Index of Industrial Production (IIP) released by the Ministry of Statistics and Programme Implementation (MoSPI).
The growth was driven primarily by manufacturing, which expanded 5.5%, and electricity and gas supply, which surged 9.9%. Water supply, sewerage and waste management also rose 5.5%, while mining and quarrying contracted 1.6%.
