Ministry of Statistics Revisions Index of Industrial Production (IIP) Base Year to 2022-23
This marks the 10th revision of the IIP series, structured to reflect modern production patterns and industrial developments across India.
The total number of tracked items in the IIP has expanded to 463 under the new series, up from 407 in the older 2011-12 series.
The updated basket introduces water supply, sewerage, and waste management as a new group, and increases the weight/coverage of manufacturing items from 405 to 455.
Compiled monthly by the National Statistical Office (NSO), this updated index provides policymakers and investors with a more accurate assessment of India's macroeconomic industrial performance.
Key Facts / Static GK
NSO: National Statistical Office
Number of core sectors in India: 8
Practice Quiz — 1 June 2026
Q1. Who has assumed charge as India's new Chief of Defence Staff (CDS), succeeding General Anil Chauhan?
Q2. Who has assumed charge as the 27th Chief of the Naval Staff (CNS) of India?
Q3. Under the recently updated guidelines of the PM SVANidhi scheme, what are the revised loan amounts for the first and second tranches respectively?
Q4. To which base year has the Ministry of Statistics and Programme Implementation (MoSPI) revised the Index of Industrial Production (IIP) in its 10th revision?
Q5. India recently signed a landmark defense export agreement valued at approximately Rs 6,000 crore to supply BrahMos supersonic cruise missiles to which country?
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