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ET Graphics | Base to basket: India's IIP gets a major makeover

Posted on May 27, 2026
By Business News Today
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1 min read

ET Graphics | Base to basket: India's IIP gets a major makeover

A new Index of Industrial Production launches on June 1. The base year shifts to 2022-23. Coverage expands to include minor minerals, rare earths, and waste management. One hundred twenty new items are added, such as CCTV cameras and vaccines. Sixty-four items are removed. This update provides a more comprehensive view of industrial activity.