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Business Economy


Index of Industrial Production grows at 3.5 pc in October over 3.1 pc in September

Index of Industrial Production grows at 3.5 pc in October over 3.1 pc in September

New Delhi, Dec 12 (UNI) The Index of Industrial Production (IIP) registered nominal increase in growth rate at 3.5 per cent in the month of October 2025 as against 3.1 per cent a month ago, according to Quick Estimates release by the Government on Thursday.

The cumulative growth for the period of April-October that is first seven months of the current financial year took a massive hit and grew at 4 per cent versus 7 per cent for the same period in the last financial year that is 2023-24.

The growth rates of the three sectors, Mining, Manufacturing and Electricity for the month of October 2024 are 0.9 percent, 4.1 percent and 2.0 percent respectively, Ministry of Statistics & Programme Implementation said in a statement.

The Quick Estimates of IIP stands at 149.9 against 144.9 in October 2023. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of October 2024 stand at 128.5, 147.9 and 207.8 respectively.

Within the manufacturing sector, 18 out of 23 industry groups at NIC 2 digit-level have recorded a positive growth in October 2024 over October 2023. The top three positive contributors for the month of October 2024 are – “Manufacture of basic metals” (3.5%), “Manufacture of electrical equipment” (33.1%) and “Manufacture of coke and refined petroleum products” (5.6%).

The IIP growth, based on use-based classification, displayed diversity across categories. Primary goods grew by 2.6 per cent, capital goods by 3.1 per cent, intermediate goods by 3.7 per cent, and infrastructure/construction goods by 4.0 per cent, the ministry said.

The consumer segment showed robust demand, with consumer durables growing by 5.9 per cent and consumer non-durables by 2.7 per cent. These indices underline a balanced recovery driven by both industrial and consumer demand.

UNI SKB KK

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