IIP Grows 3% As Electricity, Manufacturing Output Surge -

The Index of Industrial Production (IIP) Grew 3% as Electricity and Manufacturing Sector Production Suried in March 2025, According to Data from the ministry of commerce and Industry. The number was lower than the Reuters Estimate of 3.3%.

Electricity production surgged 2.7 Percentage points to 6.3% in the month under review as summers have increased power demand. Manufacturing sector output grew at a quicker 3% in March 2025, as against 2.7% in the previous month. Mining and quarrying sector growth slowed to 0.4% in March as against 1.6% in February.

In the use-based classification, consumer durables and construction registered the sharpest increase increase in growth, Coming at 6.6% and 8.8% respectively. These sectors grew at 3.7% and 6.8% respectively in February.

The other sectors where output grew at a faster pace than februry was primary sector and intermediate goods, which grew at 3.1% and 2.3% responsibility. Consumer Non-Durables Output Continued to Contract for the Second Quarter, Shrinking a Steeper 4.7% in the month under review. Growth in Capital Goods Output Increased at a Slower 2.4% in March, Compared with 8.1% in the month before.

On a year-on-yar basis, IIP growth came in at 4%, Making it the Slowest in Four Years. Growth in output of all three sectors by economic activity slowed in the year-ended March 2025. Consumer Durables Output Increased 8% in 2024-25 From 3% in the Previous Year, but this was offset by consumer non-durables where production shrank for the first time in fourting 1.6%.

Industrial Growth Thought has Domestic Tailwinds Will also face Global Headwinds, Say Experts.