India’s Index of Industrial Production (IIP) recorded a year-on-year growth of 2.7 percent in April 2025, according to the latest data released under the revised IIP calendar. This marks a slight decline from the 3.0 percent growth seen in March 2025.
The overall index for April 2025 stands at 152.0, up from 148.0 in April 2024. Sector-wise, manufacturing posted a growth of 3.4 percent, while electricity generation increased by 1.1 percent. Mining activity, however, contracted by 0.2 percent during the same period.
Out of 23 industry groups within the manufacturing sector, 16 reported positive growth compared to April 2024. Notable contributions came from the manufacture of basic metals (4.9%), motor vehicles, trailers and semi-trailers (15.4%), and machinery and equipment not elsewhere classified (17.0%).
Within basic metals, items such as pipes and tubes of steel, MS blooms and billets, and flat products of alloy steel were key contributors. Growth in the motor vehicle segment was supported by increased output of auto components, axles, and commercial vehicles. The machinery segment saw higher production of machine tools, lathes, and stationary combustion engines not intended for motor vehicles.
Based on the use-based classification, April 2025 saw strong performance in capital goods, which grew 20.3 percent, followed by intermediate goods at 4.1 percent and consumer durables at 6.4 percent. Infrastructure and construction goods grew by 4.0 percent. On the other hand, primary goods declined by 0.4 percent, and consumer non-durables contracted by 1.7 percent.
The index compilation for April 2025 was based on a weighted response rate of 88 percent from the source agencies. Meanwhile, the March 2025 figures were revised upwards following a final data compilation with a 93 percent response rate.
The next release, covering IIP data for May 2025, is scheduled for Monday, 30th June 2025, as per the revised release calendar.
