India’s industrial growth picked up in July 2025 with the Index of Industrial Production (IIP) recording a 3.5 per cent year-on-year rise, largely supported by strong performance in the manufacturing sector. According to the Ministry of Statistics and Programme Implementation, the manufacturing sector expanded by 5.4 per cent, offsetting a contraction in mining and modest growth in electricity. In comparison, IIP growth stood at 1.5 per cent in June 2025.
The data shows that the mining sector contracted by 7.2 per cent, while electricity registered a marginal growth of 0.6 per cent. The overall IIP stood at 155.0 in July 2025 compared to 149.8 in the same month last year. Sectoral indices were recorded at 107.7 for mining, 156.9 for manufacturing, and 221.5 for electricity.
Within the manufacturing sector, 14 of 23 industry groups reported positive growth. The manufacture of basic metals grew by 12.7 per cent, driven by higher output of MS slabs, HR coils, and alloy steel products. Electrical equipment manufacturing grew by 15.9 per cent, supported by increased production of electric heaters, switchgear, circuit breakers, and small transformers. Non-metallic mineral products expanded by 9.5 per cent on the back of higher output in cement, clinker, and polished marble.
The use-based classification showed a mixed trend. Primary goods contracted by 1.7 per cent, while capital goods grew by 5.0 per cent and intermediate goods by 5.8 per cent. Infrastructure and construction goods registered a sharp growth of 11.9 per cent, consumer durables rose by 7.7 per cent, and consumer non-durables inched up by 0.5 per cent. The major contributors to the overall IIP growth were infrastructure and construction goods, intermediate goods, and consumer durables.
Along with the release of the July figures, the ministry also finalized the IIP data for June 2025 after incorporating updated information from reporting agencies. The Quick Estimates for July were compiled with a weighted response rate of 89.5 per cent, while the final data for June achieved 93.1 per cent.
As per the revised calendar, the IIP will now be released on the 28th of every month, or the next working day if the 28th is a holiday. The data for August 2025 will be released on September 29.
