Traditionally, the IIP was compiled using a fixed-base Laspeyres framework, in which sectoral and industry weights remain ...

India is weighing a significant change to the way it measures industrial performance, with plans to update the weights used ...

The Ministry of Statistics and Programme Implementation (MoSPI) has proposed transition towards the chain-based method of ...

India plans annual updates to industrial output weights for the IIP to enhance accuracy and reflect economic changes.

At present, the IIP series uses 2011–12 as its base year, with sectoral and industry weights remaining unchanged until a formal rebasing exercise is carried out—often after a long gap. While this ...

The Ministry of Statistics and Programme Implementation (MoSPI) has prepared a discussion paper 2.0: adoption of chain-based ...

The Ministry of Statistics and Programme Implementation (MoSPI) has proposed a major overhaul in the Index of Industrial ...

The Ministry of Statistics and Programme Implementation (MoSPI) is undertaking the base revision exercise of the Index of Industrial Production (IIP). In the process, MoSPI is revisiting methodologies ...

The Ministry of Statistics and Programme Implementation is advocating for a chain-based method for the Industrial Production Index, moving away from the traditional fixed-base approach. This shift ...

The National Statistics Office (NSO) is revising the base year of its Index of Industrial Production (IIP) to 2023-24 from 2011-12, which is the base-year for the ongoing series. The NSO computes the ...

The sharp acceleration was led by an 8.0 per cent expansion in the manufacturing sector, supported by higher output in basic metals, pharmaceuticals and motor vehicles. IIP Data: India’s industrial ...

Under India's 2011–12 IIP base, manufacturing carries about 78% weight, mining 14% and electricity 8%, ‌reflecting their ...