India's Index of Industrial Production (IIP) grew 5.1% year-on-year in May 2026, up from 4.9% in April, driven by improved performance in the manufacturing sector.
According to the National Statistics Office (NSO), the manufacturing sector expanded 5.5%, while the electricity and gas supply segment recorded a strong 9.9% growth during the month.
This marks the second monthly industrial output data release based on the revised IIP series.