Industrial production refers to the process of manufacturing goods on a large scale, typically in factories. This includes the creation of products ranging from automobiles to electronics, using machinery, labor, and raw materials. The efficiency and output of industrial production are often measured by metrics such as Gross Domestic Product (GDP) and industrial output indices. The industrial production sector plays a crucial role in the economy, providing jobs and contributing to economic growth. It encompasses various industries, including manufacturing, mining, and utilities. Changes in industrial production can indicate economic trends, influencing decisions made by policymakers and businesses alike.