This indicator measures the month-over-month change in the total output produced by the manufacturing sector in India. As manufacturing is a major component of India's Index of Industrial Production (IIP), it serves as a primary gauge of industrial health. It reflects the sector's response to domestic demand, export orders, and input costs.
The data is compiled by the Ministry of Statistics and Programme Implementation (MoSPI) using a weighted average of production volume across various manufacturing industries.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Mar 7, 2013 | 0.30 | — | — |