QUICK ESTIMATE OF INDEX OF INDUSTRIAL PRODUCTION AND USE-BASED INDEX FOR THE MONTH OF MARCH 2026

• Index of Industrial Production (IIP) is the headline high-frequency indicator of short-term changes in the volume of production in India's industrial sector, with base year 2011-12=100.
• Compiled and released as a Quick Estimate on the 28th of every month by the National Statistical Office (NSO), Ministry of Statistics & Programme Implementation (MoSPI).
• March 2026 print of 4.1% YoY signals continued industrial momentum, led by manufacturing and mining, and is critical input for GDP nowcasts, RBI's MPC and fiscal policy.