IIP growth slows to an 8-month low of 2.7% in April
The Hindu
Industrial activity growth in India slows to 2.7% in April 2025, with mixed performance across sectors, including strong capital goods growth.
Growth in industrial activity in the country slowed to an eight-month low of 2.7% in April 2025, dragged down by lower activity in the mining & quarrying, electricity, primary goods, infrastructure & construction, and consumer non-durables sectors.
According to the Index of Industrial Production for April 2025 released by the Ministry of Statistics and Programme Implementation, growth in industrial activity was last slower in August 2024, when it had contracted 0.1%.
Also read | Industrial production slows, IIP at 6-month low of 2.9% in February 2025
In April this year, the mining and quarrying sector contracted 0.2%, its worst performance since August 2024. The manufacturing sector, however, saw a growth of 3.4%, a three-month high.
The electricity sector saw growth slowing to 1.1% in April, also the slowest since August 2024. Similarly, the primary goods category contracted by 0.4% in April, an eight-month low.
Notably, the capital goods sector saw very strong growth of 20.3% in April 2025, albeit on a low base of 2.81% in April last year.
Also read | IIP grows 3% as electricity, manufacturing output surge
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