India’s industrial sector continues its steady ascent as the Index of Industrial Production (IIP) recorded a 3% growth in March 2025, slightly up from the 2.9% observed in February.
The IIP, a crucial indicator of industrial health, stands at 164.8, compared to 160.0 in March 2024.
The growth was driven by notable contributions from the manufacturing and electricity sectors, registering 3% and 6.3% growth, respectively, while the mining sector saw a modest 0.4% increase. Key players in the manufacturing industry, such as basic metals (6.9%), motor vehicles (10.3%), and electrical equipment (15.7%), showcased robust performances.
Despite the overall positive trend, challenges remain, as consumer non-durables saw a decline of 4.7%. Meanwhile, infrastructure and construction goods emerged as top contributors, growing by 8.8%.
As per the Ministry of Statistics & Programme Implementation, data revisions for December 2024 through February 2025 reflect an improved weighted response rate. The next IIP update for April 2025 is anticipated on May 28, 2025.
