India’s Industrial Output Growth Slows To 8-month Low Of 2.7% In April
By BasisPoint Insight
May 28, 2025 at 3:17 PM IST
India’s Index of Industrial Production grew by 2.7% in April 2025, marking the slowest pace in eight months, and down from the revised figure of 3.9% for March.
Among the major sectors, manufacturing – which holds a weight of over 77% in the index – expanded by 3.4%. This was an improvement from 3.0% in March. Electricity generation rose by 1.1%, while mining output declined marginally by 0.2%.
Within the manufacturing segment, 16 of the 23 industry groups recorded positive year-on-year growth. The strongest performance came from the machinery and equipment, which rose by 17.0%. This was followed by motor vehicles, trailers and semi-trailers, which increased by 15.4%, and basic metals, which expanded by 4.9%.
Use-based classification data indicated mixed trends. Capital goods posted the highest growth at 20.3%. Intermediate goods rose by 4.1%, while infrastructure and construction goods increased by 4.0%. Consumer durables expanded by 6.4%. However, consumer non-durables contracted by 1.7%. Primary goods declined by 0.4% during the month.