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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
Automobile manufacturers will have to comply with stricter fuel efficiency norms from April 1 next year, as the government is unlikely to extend the deadline for the implementation of the Corporate Average Fuel Efficiency III standards, Additional Secretary in the Ministry of Heavy Industries Hanif Qureshi said on Monday. He said that the need to extend the implementation deadline beyond April 1, 2027, may not arise, as the government has been in touch with the auto industry stakeholders on the CAFE III norms, and has sought their feedback regularly, keeping them well-informed. CAFE III norms proposed to be effective from April 1, 2027, to March 31, 2032. Differences persist among auto manufacturers on the rules, with small car makers arguing that leniency must be granted to them in the corporate average fuel efficiency (CAFE-III) norms on the basis of weight and affordability, even as large OEMs are opposed to differential treatment, saying it would compromise safety features. Whil