The Quick Estimates of the Index of Industrial Production (IIP) for February 2025 show a growth rate of 2.9%. This is a decrease from the 5.0% growth recorded in January 2025. The IIP is an important indicator of the industrial performance of the country, and these estimates are compiled based on data received from various source agencies, which collect information from factories and establishments.
In February 2025, the growth rates for the three main sectors of the economy are as follows: Mining at 1.6%, Manufacturing at 2.9%, and Electricity at 3.6%. The overall IIP stands at 151.3, which is an increase from 147.1 in February 2024. The indices for the Mining, Manufacturing, and Electricity sectors are 141.9, 148.6, and 194.0, respectively.
Within the manufacturing sector, 14 out of 23 industry groups have shown positive growth compared to February 2024. The top contributors to this growth include the “Manufacture of basic metals” with a growth of 5.8%, “Manufacture of motor vehicles, trailers and semi-trailers” at 8.9%, and “Manufacture of other non-metallic mineral products” at 8.0%. Specific items within these groups, such as flat products of alloy steel, auto components, and various types of cement, have significantly contributed to this growth.
According to the use-based classification, the indices for February 2025 are as follows: 152.3 for Primary Goods, 115.5 for Capital Goods, 159.9 for Intermediate Goods, and 191.3 for Infrastructure/Construction Goods. The growth rates for these categories compared to February 2024 are 2.8% for Primary Goods, 8.2% for Capital Goods, 1.5% for Intermediate Goods, 6.6% for Infrastructure/Construction Goods, 3.8% for Consumer Durables, and a decline of 2.1% for Consumer Non-Durables. The main contributors to the growth of IIP this month are Infrastructure/Construction Goods, Primary Goods, and Capital Goods.
The Quick Estimates for February 2025 have been compiled with a weighted response rate of 89%. Additionally, the indices for January 2025 have undergone the first revision, while those for November 2024 have been finalized based on updated data. The response rates for these revisions are 94% for January and 95% for November.
India’s Index of Industrial Production Records Growth of 2.9% in February 2025 added by Sridhar P on
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