What are IIP

numbers?
Index of Industrial
Production (IIP) -
Indicator for India Inc’s
growth

IIP number or IIP data (Index of Industrial Production) is a

measurement which represents the status of production in the
industrial sector for a given period of time compared to a
reference period of time. IIp number is one of the best
statistical data, which helps us to measure the level of
industrial activity in Indian economy. Please note that IIP data
is a short-term indicator of our industrial growth till the actual
results from Annual Survey of Industries (ASI) is published.
IIP data is a very important indicator to the Government for
planning purposes and is also used by various organisations
like Industrial Associations, Research Institutes, Financial
Institues and Academicians.

How IIP Data is formed?

IIP data is a simple index which provides information about the growth of
different sectors of our economy like mining, electricity, Manufacturing &
General. The IIP index reflects the growth in India’s industrial activity and
excludes all kinds of services. The base year for the index over the period
of the analysis is 1993-94.
Use-Based Classification
Another classification is use-based (consumption based), where IIP is
classified on the base of use like Basic Goods, Capital goods, Intermediate

IIP data
and
Stock
Markets
Impact of
IIP
Numbers
on Indian
Stock
Market

Indian stock markets are very sensitive to IIP Numbers. A better IIP number would
show a positive growth on our Industrial production and share markets would
possibly cheer.
What are IIP numbers?
Tracking Growth using GDP & IIP Data
When are the IIP numbers Published?
How IIP Data is formed?
IIP data is a simple index which provides information about the growth of different
sectors of our economy like mining, electricity, Manufacturing & General. The IIP index
reflects the growth in India’s industrial activity and excludes all kinds of services. The
base year for the index over the period of the analysis is 1993-94.