iip growth

For RBI the situation is clear: The resilience of the global economy, already inflicted with trade tensions, is being tested by the conflict in West Asia. The biggest takeaway from the RBI bulletin is that India’s domestic supply chains may come under risk from a prolonged war scenario, though strong macroeconomic fundamentals provide a buffer.

Industrial production growth remained subdued at 1.9 per cent in March compared to a year ago, mainly due to poor performance by the manufacturing sector which showed staggered impact of the third wave of the pandemic. Factory output measured in terms of Index of Industrial Production (IIP) had recorded a growth of 24.2 per cent in March 2021, as per government data released on Thursday.

The government will on Monday evening release the keenly-watched factory output data for the month of July. The factory output measured in terms of Index of Industrial Production (IIP) grew 12.3 per cent in June this year, remaining in double digit for second month in a row due to base effect.

Estimates placed IIP at 169.4 for January 2026, compared with 161.6 in January 2025. This follows a stronger reading in December 2025, when industrial production had grown by 7.8 per cent.`

India's industrial production growth remained subdued for the second straight month and expanded by 3.2 per cent in October, mainly due to the waning low base effect while mining, power and manufacturing sectors performed well.

Industrial output unexpectedly contracted 3.5% in March, the first fall in five months. The iip growth was higher at 9.4% in March last year.

Government data released also revised the annual growth figure for August to a 22-month-high of 11% from 10.4%.

Chief Economic Adviser K V Subramanian on Saturday said V-shaped recovery of economic activity continued in October and both factory output and core sector growth have inched up to the pre-Covid level.

India's industrial production dropped by 0.1% in August, driven by declines in the mining and electricity sectors, alongside minimal growth in manufacturing. The iip growth rate dip follows July's 4.7%. Heavy rainfall impacted mining output significantly, while all categories saw month-over-month declines.

India's industrial output growth slowed in September, with the manufacturing sector, consumer durables, and non-durables remaining sluggish. The index of industrial production (IIP) rose 5.8% in September, slower than the previous month's 10.3%. The manufacturing sector grew 4.5% compared to a 2% expansion in the previous year. The capital goods sector slowed to 7.4% growth in September compared to 11.4% growth in the previous year. The consumer durables sector grew 1%, while the consumer non-durables rose 2.7%.