IIP data: Industrial output rises 5.2% in February, manufacturing leads recovery

India’s industrial production grew 5.2 per cent in February, driven largely by an improvement in manufacturing output, according to official data released on Monday.Factory output, measured by the Index of Industrial Production (IIP), had expanded 2.7 per cent in February 2025, as per the official statement.Data released by the National Statistics Office (NSO) also showed that industrial growth for January 2026 has been revised upward to 5.1 per cent from the earlier provisional estimate of 4.8 per cent.The manufacturing sector, which forms the bulk of the index, recorded a growth of 6 per cent in February 2026, compared with 2.8 per cent in the year-ago period, supporting the overall expansion.Mining output growth improved marginally to 3.1 per cent from 1.6 per cent a year earlier, while power generation rose 2.3 per cent against a 3.6 per cent increase in February 2025.According to the official data, the IIP index stood at 159.0 in February 2026 compared to 151.1 in the corresponding month last year.Within manufacturing, 14 out of 23 industry groups recorded positive growth. Key contributors included “manufacture of basic metals” (13.2 per cent), “manufacture of motor vehicles, trailers and semi-trailers” (14.9 per cent), and “manufacture of machinery and equipment n.e.c.” (10.2 per cent).In use-based classification, infrastructure and construction goods, intermediate goods and capital goods emerged as the top contributors to growth. Capital goods output rose 12.5 per cent, while infrastructure/construction goods grew 11.2 per cent and intermediate goods by 7.7 per cent.Consumer durables output expanded 7.3 per cent, whereas consumer non-durables contracted 0.6 per cent during the month.During the April-February period of FY26, industrial production growth remained flat at 4.1 per cent compared to the same period last year.