During the April-May period of FY26, industrial production grew by 1.8% compared to 5.7% a year ago.
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India’s industrial production growth slowed to a nine-month low of 1.2% in May 2025 due to poor performance of manufacturing, mining and power sectors, according to official data released on Monday (June 30, 2025).
The factory output, measured in terms of the Index of Industrial Production (IIP), had expanded by 6.3% in May 2024.
Growth pangs: On industrial activity
The National Statistics Office (NSO) also revised upwards industrial production growth for April to 2.6% from the earlier estimate of 2.7% released last month.
The NSO data showed that the manufacturing sector’s output growth decelerated to 2.6 % in May 2025 from 5.1% in the year-ago month.
Mining production contracted by 0.1% against a growth of 6.6% a year ago.
Power production declined by 5.8% in May 2025 against 13.7% growth in the year-ago period.
Steep decline: On the Index of Industrial Production
During the April-May period of FY26, industrial production grew by 1.8% compared to 5.7% a year ago.
Published – June 30, 2025 04:44 pm IST