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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IndiaIndia Industrial Production climbed to 4.1% in March 2026
FMPMonthlyReleased March 2026
India Industrial Production climbed to 4.1% in March 2026, up 0.1% from February's 4.0% reading.
Latest Release
4.100000
Actual
—
Consensus
4.000000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
Industrial Production (India) was reported at 4.1% in April 2026. The reading was unchanged from the previous release. Trailing 12-month context per ETL data through March 2026. Over the past 12 months, the indicator has averaged 2.99%, ranging from 1.8% to 4.1% across 10 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 4%, up from the prior three at 3%. In March readings over the past 3 years, Industrial Production has averaged 4.1%.
WHAT TO WATCH NEXT
The next release is scheduled for June 29, 2026. Same-country events in the next 14 days include MPC Meeting Minutes (Jun 19) and Monetary Policy Meeting Minutes (Jun 19).
Auto-generated from current model state · Refreshes on each release · Last update March 2026.
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Industrial Production - IN
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About Industrial Production — India
DEFINITION
Industrial Production is a key economic indicator that measures the output of manufacturing, mining, and utilities sectors in a country. It provides valuable insights into the overall health and performance of the industrial sector, which is a major contributor to a country's GDP. This indicator is closely monitored by investors, policymakers, and analysts as it reflects the level of production and capacity utilization in the economy, and can signal potential changes in business cycles. A higher industrial production is generally associated with economic growth and can have a positive impact on employment and consumer spending.
WHY THIS INDICATOR MATTERS
Manufacturing and factory-order series capture cyclical inflection earlier than aggregate output, and have outsized influence on industrial-sector equities. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Mar 2026): actual 4.1 %. Prior reading (Feb 2026): 4.1 %. Before that (Jan 2026): 4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.