01Economy·2 min read
India's IIP Grows 5.1% in May 2026: Manufacturing and Electricity Drive Industrial Rebound
India's Index of Industrial Production (IIP) rose 5.1% YoY in May 2026, up from 4.9% in April, led by electricity (+9.9%) and manufacturing (+5.5%). Relevant for UPSC, UPPSC, MPSC, and state PSC aspirants in GS Paper 3 under Indian Economy and Industrial Policy.
- India's IIP grew 5.1% YoY in May 2026 (MOSPI data, released June 30), up from 4.9% in April and 3.4% in May 2025
- Electricity and gas was the fastest-growing sector at +9.9%, driven by high summer demand and renewable electricity surge of +18%
- Manufacturing grew 5.5% with 16 of 23 industry groups in positive territory; capital goods growth signals revival in private investment