Industrial Output India

Manufacturing gains offset by weaker mining and electricity output; economists see GST cuts and festive demand boosting growth in coming months

Manufacturing output expanded 4.8 per cent during September, while the electricity sector grew 3.1 per cent. In contrast, mining activity slipped 0.4 per cent during the period

Industrial production growth in June fell to a ten-month low of 1.5%, due to weak mining and electricity output, following a revision in May's growth figure, as per National Statistics Office data

An early monsoon pulled electricity generation down by a sharp 5.8 per cent, the first contraction in nine months and the sharpest since June 2020

India IIP: In the last financial year, India's industrial output grew 5.9%

India's industrial output in February was its weakest since August 2024, hurt by slowing manufacturing and mining sector growth

February industrial output: January marked an eight-month high at 5% driven by an upswing in the critical manufacturing sector

India's industrial production growth accelerated to 5 per cent in January 2025, driven by a rebound in manufacturing activity, according to official data released on Wednesday. The government has also revised the December 2024 industrial output figure to 3.5 per cent from the provisional estimate of 3.2 per cent released in the previous month, an official statement said. The IIP growth in November 2024 was 5 per cent. The pace of factory output growth stood at 5 per cent in January 2025. The country's factory output, measured in terms of the Index of Industrial Production (IIP), witnessed 4.2 per cent growth in January 2024. The data released by the National Statistic Office (NSO) showed that the manufacturing sector's output grew by 5.5 per cent in January 2025, up from 3.6 per cent in the year-ago month. Mining production growth declined to 4.4 per cent from 6 per cent year-on-year. Power output growth slowed to 2.4 per cent in January 2025 from 5.6 per cent a year ago. In th

Karnataka's Large and Medium Industries Minister M B Patil on Thursday said that the Indian machine tool industry is projected to generate revenue of USD 3.8 billion by 2030, driven largely by the dominance of the metal-cutting segment. Speaking at the inaugural event of IMTEX 2025, organised by the Indian Machine Tool Manufacturers' Association (IMTMA), he noted that India ranks 9th globally in machine tool production and 7th in consumption. Highlighting that the sector generated over USD 2.2 billion in revenue in 2022, the minister emphasised Karnataka's crucial role in the industry, accounting for 52 per cent of India's total machine tool production and ranking as the third-largest contributor to heavy engineering in the country. He also drew attention to Tumakuru's Integrated Machine Tool Park (TMTP), a state-of-the-art 530-acre facility that has emerged as a hub for domestic and international investments in the sector. "Karnataka is home to leading players such as ABB, Siemens

The data shows higher inflation in rural areas at 5.95 per cent, compared to 4.83 per cent in urban regions

India's industrial production grew 4.2 per cent in June this year, mainly due to a good show by the mining and power sectors, according to official data released on Monday. The factory output, measured in terms of the Index of Industrial Production (IIP) witnessed a growth of 4 per cent in June 2023. India's Index of Industrial Production increased by 4.2 per cent in June 2024, an official statement said. The data released by the National Statistical Office (NSO) showed that the manufacturing sector's output grew 2.6 per cent in June 2024 against 3.5 per cent in the year-ago month. In June this year, mining production rose 10.3 per cent, and power output increased 8.6 per cent. In the April-June quarter of this fiscal, the IIP grew 5.2 per cent compared to 4.7 per cent in the year-ago period.

Realty firm Mahindra Lifespace Developers Ltd is targeting a sharp increase in its annual sales of housing properties and industrial space to Rs 8,000-10,000 crore by 2027-28 fiscal on rising demand. Mumbai-based Mahindra Lifespace sold residential properties and industrial space worth Rs 2,698 crore in the last fiscal as against Rs 2,268 crore in the 2022-23 financial year. According to the latest presentation in an investor meet, Mahindra Lifespace has mentioned about the target to achieve Rs 8,000-10,000 crore worth of sales in the 2027-28 fiscal in its two verticals -- residential and industrial park. Mahindra Lifespace has been actively buying land and also partnering with landlords for the development of residential properties. It has also entered into the redevelopment of housing societies in Mumbai. During the last fiscal, Mahindra Lifespace reported a marginal decline in consolidated net profit to Rs 97.89 crore on lower income. Its net profit stood at Rs 101.43 crore in

Industrial and Logistics (I&L) sector leasing grew by 8 per cent YoY to touch 31.6 million sq. ft. in 2022 despite global headwinds, and a slowdown in e-commerce demand and dissipation of the post-pandemic need to hold additional inventories, a report said on Monday.

Extreme heat continued to scorch large swathes of south Asia this week, offering no reprieve after the hottest March on record in India

In May last year, IIP had shrunk 33.4% due to imposition of a nationwide lockdown to contain the spread of the Covid-19

Analysts polled by Reuters had expected industrial output contraction of 20.0 per cent in June

IIP had already shrunk by a record 16.7% in March which saw seven days of lockdown

The rise in the Index of Industrial Production (IIP) helped pull up cumulative growth in industrial output to 0.9 per cent in the April-February period of 2019-20,

From festive passenger vehicle sales to Alibaba's Singles' Day sales hitting $38 billion, here are the top headlines for the day

The rise in IIP helped pull up cumulative growth in industrial output to 0.6 per cent in the April-November period of FY20