IIP

India's industrial production growth decelerated to a five-month low of 4.1 per cent in March on account of subdued manufacturing growth and almost flat expansion in the power sector amid the West Asia crisis, according to official data released on Tuesday. The factory output, measured in terms of the Index of Industrial Production (IIP), expanded by 3.9 per cent in March 2025, an official statement said. The National Statistics Office (NSO) revised the industrial production growth for February 2026 to 5.1 per cent from the provisional estimate of 5.2 per cent released last month. The previous low of IIP growth was recorded at 0.5 per cent expansion in October 2025. The NSO data further showed that the manufacturing sector's output growth remained subdued at 4.3 per cent in March 2026 compared to 4 per cent in the year-ago month. Mining production growth improved to 5.5 per cent from a meagre growth of 1.2 per cent recorded a year ago. Power generation grew marginally by 0.8 per

A new trade pact with New Zealand, industrial production data and manufacturing trends to shape India's policy and economic outlook this week

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

January's industrial output growth was pulled down by subdued performance in the mining and manufacturing sectors, the data showed

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

The Index of Industrial Production (IIP) quick estimates for November signalled a 4.5 per cent uptick from levels seen in October

The IIP growth for September 2025 stood at 4 per cent, unchanged from August, supported by growth in the manufacturing sector

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

India's IIP rose 1.5% in June 2025, driven by a 3.9% growth in manufacturing, even as mining and electricity output declined

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

Manufacturing, which carries the largest weight in the IIP, rose 2.6% in May 2025

The expected revision will not only change the base year but also include new data sources, which should help make these indices more robust

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

Water collection, disposal likely to be included in series starting next Feb

Industrial output in November 2024 grows at 5.2%, up from 3.5% in October 2024