India's Industrial Output Grows 2.7 percent
Wednesday, 28 May 2025, 18:30 IST
• India's industrial output grows 2.7 percent in April, led by 3.4% rise in manufacturing sector, says Ministry of Statistics
• Capital goods surge 20.3 percent, signaling strong investment; consumer durables and infrastructure sectors also see solid growth
• Mining sector declines 0.2 percent, partially offsetting gains from power and manufacturing industries
India's industrial expansion, measured in terms of the Index of Industrial Production (IIP), posted a 2.7 percent expansion in April this year, as per information published by the Ministry of Statistics.
The figures indicated that the manufacturing industry, which creates good jobs for young graduates of the nation's universities and engineering colleges, grew by 3.4 per cent in April compared to the corresponding period of the last year. This also marked an increase from the 3 percent growth experienced in March.
The output of the power sector increased by 1.1 percent for the month, but the mining sector was a laggard with a decline of 0.2 percent. This decline in the mining sector pulled the overall industrial growth for the month down too.
In the manufacturing sector, 16 of 23 industry groups had a positive growth in April this year compared to the same month last year. The highest three positive contributors for the month are manufacture of basic metals (4.9 percent), manufacture of motor vehicles, trailers and semi-trailers (15.4 percent) and manufacture of machinery and equipment. (17 perent).
Within industry group manufacture of basic metals, product groups 'Pipes and tubes of Steel', 'MS blooms and pencil ingots', and alloy steel flat products have made a remarkable growth contribution.
The use-based classification figures indicate that the capital goods production, which includes equipment employed in manufacturing, increased by a strong 20.3 percent during April. This reflects actual investment occurring in the economy, with the multiplier effect on jobs creation and incomes in the future.
A 6.4 percent rise was also witnessed in the manufacture of consumer durables like electronic appliances, refrigerators, and televisions in November, indicating increased consumer demand for these products with increasing incomes.
The infrastructure industry recorded a 4 percent growth on the strength of
• Capital goods surge 20.3 percent, signaling strong investment; consumer durables and infrastructure sectors also see solid growth
• Mining sector declines 0.2 percent, partially offsetting gains from power and manufacturing industries
India's industrial expansion, measured in terms of the Index of Industrial Production (IIP), posted a 2.7 percent expansion in April this year, as per information published by the Ministry of Statistics.
The figures indicated that the manufacturing industry, which creates good jobs for young graduates of the nation's universities and engineering colleges, grew by 3.4 per cent in April compared to the corresponding period of the last year. This also marked an increase from the 3 percent growth experienced in March.
The output of the power sector increased by 1.1 percent for the month, but the mining sector was a laggard with a decline of 0.2 percent. This decline in the mining sector pulled the overall industrial growth for the month down too.
In the manufacturing sector, 16 of 23 industry groups had a positive growth in April this year compared to the same month last year. The highest three positive contributors for the month are manufacture of basic metals (4.9 percent), manufacture of motor vehicles, trailers and semi-trailers (15.4 percent) and manufacture of machinery and equipment. (17 perent).
Within industry group manufacture of basic metals, product groups 'Pipes and tubes of Steel', 'MS blooms and pencil ingots', and alloy steel flat products have made a remarkable growth contribution.
The use-based classification figures indicate that the capital goods production, which includes equipment employed in manufacturing, increased by a strong 20.3 percent during April. This reflects actual investment occurring in the economy, with the multiplier effect on jobs creation and incomes in the future.
A 6.4 percent rise was also witnessed in the manufacture of consumer durables like electronic appliances, refrigerators, and televisions in November, indicating increased consumer demand for these products with increasing incomes.
The infrastructure industry recorded a 4 percent growth on the strength of
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