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India to revamp IIP with new base year, wider coverage from June 1

Posted on May 25, 2026
By Business News Today
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1 min read

India to revamp IIP with new base year, wider coverage from June 1

India will launch an updated Index of Industrial Production on June 1. The new IIP will feature a 2022-23 base year and include sectors like minor minerals and waste management. It will offer more detailed tracking of industrial activity. This revamp aims to provide a clearer picture of India's industrial growth.