Industrial production growth in India fell to a six-month low of 2.9 PC in February 2025

New Delhi: The growth in India’s industrial production fell to a six-month low of 2.9% as government data showed that as India’s industrial production growth in August last year, the government data showed. Last August, the growth rate at the previous low remained at zero percentage.

According to the data, factory output rose 5.6% in February 2024, measured by industrial production or the IIP index. The center also raised the industrial growth figure to 5.2% in January 2025, from a temporary estimate released in March of 5%.

According to data released by the Ministry of Statistics and Plan Implementation, output growth in manufacturing fell to 2.9% in February 2025, down from 4.9% in the same period last year. “From 8.1% a year ago to 1.6%. Power output growth in February 2025 fell to 3.6% from 7.6% a year ago,” the data showed.

However, the ministry said in a statement that the rapid estimate of IIP is 151.3, compared with 147.1 on February 2024, while the growth rates of the three sectors (mining, manufacturing and electricity in February 2025) were 1.6%, 2.9% and 3.6% respectively.

“The industrial production index for the mining, manufacturing and power sectors in February 2025 was 141.9, 148.6 and 194.0, respectively. The top three active contributors in February 2025 were – manufacturing of base metals (5.8 / 5.8), manufacturing of automobiles (5.8), manufacturing of automobiles (8.9%) (8.9%) (8.9%) (8.9%) (8.9%) (8.9%) (8.9%) (8.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.9.

Data show that last August, previous lows were recorded at a rate of zero percent. “As expected, the LEAP annual base reduced IIP year-on-year growth to 2.9% from 5.2% in January 2025. The decline rate is based on a wide range of categories, all use-based categories, and three sectors that banned electricity from three sectors, in February 2025, in February 2025, Vis-aaaaaaaaaaaaaa-avis nover after speakers butters butters thermors.

“Although mining operations are expected to deteriorate in March 2025 relative to February 2025, the growth in power generation may be offset by electricity growth due to steady growth in manufacturing,” said Aditi Nayar, chief economist at ICRA.

From February to February 25, IIP grew 4.1%, down from 6% recorded in the corresponding period of the previous fiscal period. According to the use-based classification, the growth of the capital goods segment grew to 8.2% in February 2025, compared with 1.7% in the same period last year. “In the reporting month, consumer durable goods (or white goods production) grew by 3.8%, compared with a 12.6% growth rate in February 2024,” the data showed.