Index of Industrial Production (IIP) growth slowed to a five-month low of 4.1% in March 2026, the first month of data after the West Asia crisis began, pulled down by a near-halving in construction sector growth rates and low growth in consumer-centric sectors.
Ministry of statistics and programme implementation on April 28, 2026 showed that growth in the IIP has been slowing since January, before the West Asia crisis broke out.
