New IIP series shows factory output rises 4.9% in April, manufacturing leads with 6.2% expansion

India’s industrial production saw a robust 4.9% growth in April 2026, propelled by a strong manufacturing sector. The newly revised IIP series, with a 2022-23 base year, highlights significant gains in motor vehicles, electrical equipment, and machinery. Investment-linked sectors like capital goods also showed impressive surges, indicating positive economic momentum.