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Reading: India’s Industrial Development Slows to 2.9% in February on Weak Manufacturing
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StockWaves > Financial News > India’s Industrial Development Slows to 2.9% in February on Weak Manufacturing
Financial News

India’s Industrial Development Slows to 2.9% in February on Weak Manufacturing

StockWaves By StockWaves Last updated: April 11, 2025 3 Min Read
India’s Industrial Development Slows to 2.9% in February on Weak Manufacturing
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April 11, 2025April 11, 2025



India’s manufacturing unit output (IIP) grew 2.9% in February 2025, slowing from 5.2% in January as a consequence of weaker progress throughout key sectors.

Manufacturing and mining progress eased to 2.9% and 1.6%, respectively, whereas electrical energy era improved to three.6% from 2.4% in January.

Main items progress slowed to 2.8% from 5.5%, capital items rose 8.2% versus 10.3%, and infrastructure/building items grew 6.6% from 7.4%.

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Client durables grew 3.8%, down from 7.2% in January, whereas client non-durables contracted 2.1% after a 0.3% decline.

The IIP index for February stood at 151.3, with mining at 141.9, manufacturing at 148.6, and electrical energy at 194.0.

Key manufacturing drivers had been fundamental metals (5.8%), motor automobiles and trailers (8.9%), and non-metallic mineral merchandise (8.0%), supported by elevated manufacturing of metal, auto elements, and cement.

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