India’s Index of Industrial Production (IIP) rose 2.9% year-on-year in February 2025, a moderate expansion compared to the 5.0% growth recorded in January, according to the Ministry of Statistics and Programme Implementation.
The data reflects a mixed performance across sectors. Manufacturing, which has the highest weight in the IIP, grew 2.9%, while electricity generation rose 3.6% and mining increased by 1.6%.
The overall IIP stood at 151.3 in February, up from 147.1 in the same month last year.
Within the manufacturing sector, 14 out of 23 industry groups posted positive growth. The strongest contributors were the production of basic metals (5.8%), motor vehicles, trailers and semi-trailers (8.9%), and other non-metallic mineral products (8%).
Auto components, alloy steel products, cement, and prefabricated concrete blocks were among the key drivers.
Use-based classification showed strong momentum in capital goods, which grew 8.2%, and infrastructure/construction goods, which rose by 6.6%. Primary goods expanded by 2.8%, while consumer durables posted a 3.8% rise. However, consumer non-durables saw a decline of 2.1%.
The data also included the first revision of January 2025 figures and the final revision for November 2024, compiled at response rates of 94% and 95% respectively.
The IIP for March 2025 is scheduled for release on April 28.
