India’s industrial production growth decelerated to 2.7% in April 2025, down from 5.2% recorded in the same month a year ago, as the mining, manufacturing, and power sectors showed weaker performance, official data revealed today. The Index of Industrial Production (IIP) for April 2025 showed a notable slowdown after the 5.2% growth in April 2024.According to the National Statistics Office (NSO), the growth rate of the manufacturing sector eased to 3.4% in April 2025 from 4.2% in the corresponding month of 2024. “The contraction in mining output by 0.2% compared to a growth of 6.8% in April 2024 and the deceleration in power production to 1% from 10.2% last year contributed to the overall slowdown,” the data highlighted.The NSO also revised industrial production growth for March 2025 upwards, reporting a 3.9% increase, compared to the earlier estimate of 3%.In terms of sectoral performance, the capital goods segment saw an acceleration in growth, reaching 20.3% in April 2025, a sharp improvement from 2.8% in April 2024. The growth in consumer durables (white goods) moderated to 6.4% in April 2025, down from 10.5% during the same period last year.The data further showed that the output of consumer non-durables contracted by 1.7% in April 2025, though this was an improvement compared to the 2.5% decline seen in April 2024. Infrastructure and construction goods experienced a growth of 4%, a decline from the 8.5% expansion witnessed in the previous year.The primary goods sector faced a contraction of 0.4% in April 2025, compared to a robust 7% growth in April 2024. On a positive note, the intermediate goods segment recorded a 4.1% growth in the month under review, showing a slight improvement over the 3.8% growth observed last year.
