IIP (Index of Industrial Production) grew by 3% in March 2025, driven by increased electricity and manufacturing output.
Electricity production rose to 6.3%, up from the previous month, due to higher summer power demand.
Manufacturing output grew by 3%, slightly higher than February’s 2.7%.
Mining and quarrying slowed to 0.4%, down from 1.6% in February.
In the use-based classification:
Consumer durables grew by 6.6% (up from 3.7%).
Construction goods rose by 8.8% (up from 6.8%).
Primary goods and intermediate goods grew by 3.1% and 2.3% respectively.
Consumer non-durables declined further, shrinking by 4.7%, continuing a downward trend.
Capital goods growth slowed to 2.4%, compared to 8.1% in February.
Year-on-year IIP growth was 4%, the slowest in four years.
Experts say domestic factors are supporting growth, but global challenges could affect performance.
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