 "Employees work at a furnace on a steel production line at the Jindal Stainless facility in Hisar, Haryana, India. File image/ Reuters")
India’s industrial production growth dropped to a nine-month low of 1.2 percent in May 2025, owing to weak performance in the manufacturing, mining, and power sectors, according to government statistics released Monday.
In May 2024, industrial output increased by 6.3 percent, as measured by the Index of Industrial Production (IIP).
The National Statistics Office (NSO) also updated April industrial output growth to 2.6%, up from the 2.7% estimate given last month.
According to NSO statistics, production growth in the manufacturing sector slowed to 2.6% in May 2025, down from 5.1% the previous year.
Mining production contracted by 0.1 per cent against a growth of 6.6 per cent a year ago.
Power production declined by 5.5 per cent in May 2025 against 13.7 per cent growth in the year-ago period.
During the April-May period of FY26, industrial production grew by 1.8 per cent compared to 5.7 per cent a year ago.