India's Industrial Production Index Records Sluggish Growth in October 2025
In October 2025, India's Index of Industrial Production (IIP) recorded a modest growth of 0.4%, down from 4.0% in September, mainly due to fewer working days caused by festivals. The manufacturing sector saw a 1.8% increase, with significant contributions from the manufacture of basic metals, coke, refined petroleum products, and motor vehicles. However, mining and electricity sectors experienced declines, with electricity falling by 6.9% due to decreased demand and extended rainfall. The use-based indices showed varied growth, with strong performances in infrastructure/construction goods and capital goods.
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