Industrial output growth edges up to 5.2% in February, led by manufacturing recovery, while electricity and mining output show mixed trends amid global pressures
India's industrial output growth slowed to 4.8% in January, a three-month low, as manufacturing, mining and electricity softened, though several segments continued to post healthy gains
The strongest performers were basic metals, which grew 12.7 per cent, motor vehicles, trailers and semi-trailers, which expanded 33.5 per cent, and pharmaceuticals, which recorded a 10.2 per cent rise
In the present series of IIP, the index is compiled based on data received from a fixed panel of factories selected in the base year to represent industrial activity across various sectors
IIP growth rose to 3.5% in July from 1.5% in June, driven by manufacturing, construction and consumer durables, though mining remained weak and electricity showed modest gains
Refinery products saw positive growth of 3.4 per cent. Similarly, the steel and cement sectors recorded growth of 9.3 per cent and 9.2 per cent, respectively
Wood and its products recorded a higher production level by 3.7 per cent in the first two months of FY 26 over the corresponding period of 2011-12 but it was below the 2019-20 level
Industrial output slowed in April as mining contracted and electricity growth eased; capital goods saw robust growth while consumer non-durables remained weak
Aditi Nayar, chief economist, ICRA Ratings, said growth in Q4 FY25 is anticipated to fall short of the level implicit in the NSO's second advance estimate for FY25
Besides, the new IIP series will be chain-based, as the annual survey of industries (ASI) data is available to adjust the weights of different industries
