India’s industrial production growth drops to 2.7% in April 2025

India’s industrial production growth, measured by the Index of Industrial Production (IIP) slowed to 2.7 percent in April, as compared to growth rate of 3 percent in March, according to the data released by the Ministry of Statistics and Programme Implementation. Among the three major components of IIP, manufacturing rose 3.4 percent, electricity generation grew by 1.1 percent, while mining output contracted marginally by 0.2 percent in April, reversing 0.4 percent growth seen in the



previous month.

The corresponding growth rates of IIP as per use-based classification in April 2025 over April 2024 stood at 20.3 percent in Capital goods, 4.1 percent in Intermediate goods, 4 percent in Infrastructure or Construction Goods, and 6.4 percent in Consumer durables. Meanwhile, Consumer non-durables contracted by 1.7 percent and Primary goods also saw a marginal contraction of 0.4 percent during the month.