The Ministry of Statistics & Programme Implementation in its latest report has showed that Index of Industrial Production (IIP) recorded a 5.2% (Quick Estimate) year-on-year growth in February 2026, which is slightly higher than 5.1% growth in the month of January 2026. The industrial growth was 2.7% in February 2025. Growth was supported by good performance by manufacturing sector. The index value for IIP stood at 159.0 in February 2026 against 151.1 in February 2025. Besides, the country's industrial production remained stable at 4.1% during the April-February period of FY26 compared to the corresponding period of last year. Meanwhile, growth rate for January 2026 was revised upward to 5.1% from earlier estimate of 4.8% released in previous month. 

The Indices of Industrial Production for the three sectors, Mining, Manufacturing and Electricity sectors for the month of February 2026 stood at 146.3, 157.3 and 198.4 respectively. The growth rate in mining sector came in at 3.1% for the month of February 2026, lower as compared to 4.3% in January 2026, while it was higher compared to 1.6% in February 2025. The growth rate in manufacturing sector stood at 6.0% for the month of February 2026, higher as compared to 5.3% in in January 2026 and 2.8% in February 2025. Meanwhile, growth rate in electricity sector stood at 2.3% for the month of February 2026, lower as compared to 5.1% in January 2026 and 3.6% in February 2025.

Within the manufacturing sector, 14 out of 23 industry groups at NIC 2 digit-level have recorded a positive growth in February 2026 over February 2025. The top three positive contributors for the month of February 2026 are - ‘Manufacture of basic metals’ (13.2%), ‘Manufacture of motor vehicles, trailers and semi-trailers’ (14.9%) and ‘Manufacture of machinery and equipment n.e.c.’ (10.2%).

As per the use base classification, the indices stand at 155.0 for Primary Goods, 129.8 for Capital Goods, 171.3 for Intermediate Goods and 213.2 for Infrastructure/ Construction Goods for the month of February 2026. Further, the indices for Consumer durables and Consumer non-durables stand at 135.6 and 145.8 respectively.

The growth in Primary goods segment stood at 1.8% in February 2026, lower compared to 3.1% in January 2026, and 2.8% in February 2025. The growth in Capital goods segment stood at 12.5% in February 2026, significantly higher compared to 4.1% in January 2026, and 8.2% in February 2025. The growth in Intermediate goods segment stood at 7.7% in February 2026, higher compared to 6.3% in January 2026, and 1.0% in February 2025. 

The growth in Infrastructure/ Construction Goods segment stood at 11.2% in February 2026, lower compared to 14.6% in January 2026, while it was higher than 6.8% in February 2025. The growth in Consumer durables segment stood at 7.3% in February 2026, higher compared to 7.2% in January 2026 and 3.7% in February 2025. However, Consumer non-durables segment remained in contraction with growth rate of (-) 0.6% in February 2026, over a growth of (-) 2.3% in January 2026 and (-) 2.1% in February 2025.