India’s Industrial Production Growth: Due to weak performance of manufacturing, mining and power sectors, India’s industrial production growth rate was sluggish in the month of April to 2.7 percent. According to the official data released on Wednesday, the industrial production measured in terms of the Industrial Production Index (IIP) increased by 5.2 percent in April last year i.e. 2024. The National Statistics Office (NSO) has revised the estimate of industrial production growth for March to 3.9 percent, while the estimate was stated to be 3 percent last month.
Speed of sluggish industrial production
India’s industrial production growth rate was 2.7 percent in February. According to NSO data, the production growth of manufacturing sector decreased slightly to 3.4 percent in April, which was 4.2 percent in this month a year ago. Mining production declined by 0.2 percent, while there was an increase of 6.8 percent a year ago.
According to the news agency PTI, the increase in power generation also slowed down to one percent in April, 2025, compared to 10.2 percent in the same period a year ago. According to the use-based classification, the growth of the capital commodity section increased to 20.3 percent in April 2025, which was 2.8 percent in the same period a year ago.
Mining-electricity also gave a shock
Consumer durable items (production of fridge, AC etc.) increased by 6.4 percent in the month under review as compared to an increase of 10.5 percent in April 2024. Production of non-tricky items declined by 1.7 percent in April, while it declined by 2.5 percent in April 2024.
The infrastructure/construction items recorded an increase of 4 percent in April, which is less than an increase of 8.5 percent in the same period of a year ago. According to the data, the production of primary items declined by 0.4 percent in April 2025, compared to seven percent a year ago. Production in the intermediate commodity section was 4.1 percent in the month, which was 3.8 percent in this month a year ago.
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