New Delhi [India], October 28 (ANI): India’s industrial growth remained stable in September 2025, with the Index of Industrial Production (IIP) recording a 4 per cent year-on-year increase. The steady performance was supported by continued momentum in the manufacturing and electricity sectors.
The IIP growth rate for August 2025 was also 4.0 per cent, compared to 3.5 per cent in July 2025, according to the latest official data. The growth rates for the three key sectors—Mining, Manufacturing, and Electricity—stood at 0.4 per cent, 4.8 per cent, and 3.1 per cent, respectively, in September 2025.
The Quick Estimates of IIP stood at 152.8 in September 2025, up from 146.9 in the same month last year. Sector-wise, the indices for Mining, Manufacturing, and Electricity were recorded at 111.2, 154.3, and 213.3, respectively.
The manufacturing sector continued to drive overall industrial performance, with strong double-digit growth seen in key industries such as basic metals, electrical equipment, computer, electronic and optical products, motor vehicles, trailers and semi-trailers, and wood and wood products.
In contrast, the mining sector posted a slight contraction of (-) 0.4 per cent in September 2025, compared to a 0.2 per cent growth in the same month last year.
Among use-based categories, construction goods and consumer durables recorded impressive year-on-year growth of 10.5 per cent and 10.2 per cent, respectively. This was followed by intermediate goods (5.3 per cent), capital goods (4.7 per cent), and primary goods (1.4 per cent), reflecting a broad-based recovery in industrial activity.
Dr. Ranjeet Mehta, Secretary General and CEO of PHDCCI, said, “The momentum in industrial growth, particularly in manufacturing and construction-related segments, indicates improving domestic demand and rising capacity utilization amid continued policy support and targeted GST reduction measures.”
Commenting on the figures, Dharmakirti Joshi, Chief Economist at Crisil, said, “Overall, we expect India’s gross domestic product growth to remain around 6.5 per cent for the current fiscal, though risks are slightly tilted to the downside.” (ANI)
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