Small industries struggle as power prices continue to climb across India

Despite lower fuel costs, electricity prices for small industries have surged across major Indian states, threatening their viability and hampering their capacity to generate employment

Electricity prices for industries have risen across every major state in India, rather than coming down. Since electricity is essential to practically all manufacturing processes, this rise represents a sustained additional cost for them.

Data from each state shows the same trend: industries are being overcharged, and what is worse, the benefits of lower fuel costs are not being passed on to them.

Whichever way one slices the data, the extent of overcharging stands out. In addition to the high costs of land and labour, industrial units grapple with consistently high and rising power costs in India. This trend