New Delhi, India’s industrial manufacturing growth marginally accelerated to 3 per cent in March 2025 from 2.7 per cent in February, in accordance to official knowledge launched on Monday. Nevertheless, on an annual foundation, the growth in March was down from 5.5 per cent in the corresponding month of the earlier fiscal, primarily due to poor efficiency of producing, mining and energy sectors.
The federal government additionally revised downward the commercial growth determine to 2.7 per cent for February 2025 from the provisional estimate of two.9 per cent launched earlier this month.
The manufacturing facility output, measured in phrases of the Index of Industrial Manufacturing (IIP), rose by 5.5 per cent in March 2024, the information confirmed.
The info launched by the Nationwide Statistics Workplace (NSO) additionally confirmed that the manufacturing sector’s output growth slightly decelerated to 3 per cent in March 2025 from 5.9 per cent in the yr-in the past month.
Mining manufacturing growth dipped to 0.4 per cent from 1.3 per cent growth a yr in the past.
Energy output additionally slowed to 6.3 per cent in March 2025 in opposition to 8.6 per cent in the yr-in the past interval.
Within the fiscal 2024-25, the IIP grew 4 per cent, down from 5.9 per cent recorded a yr in the past.>
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