This Report analyzes the relationship between **the Industrial Production (IIP)** and **Consumer Price Index(CPI)** which represents Inflation in India by Checking whether *one's historical values can influence the others future values*, *Is there's any Long-term co-integration or not?* and so on... the Data spans from **January 2023** to **May 2025** and is Sourced from **the Ministry of Statistics and Programme Implementation, Government Of India** the tools which are used in this project such as: 1. ADF Stationary Test 2. **Johansen Test** 3. VAR Modelling 4. Granger Causality Test 5. Forecast Error Variance Decomposition Test

In this Project, I worked with the PDF data sourced from the Government of India's (MOSPI) for the purposes such as PDF data extraction, data cleaning, running an ADF test on the Sectoral Data, Forecasting the 24 months ahead of the existing Date and lastly Visualization of the Actual and Forecasting Data. it could be said as the "**Remastered**" version of my previously uploaded IIP Work.