The Index of Industrial Production or IIP growth rate for the month of March 2025 is 3 percent, marking a rise over 2.9 percent (Quick Estimate) in the month of February 2025. The growth rates of the three sectors, Mining, Manufacturing and Electricity for the month of March 2025 are 0.4 percent, 3.0 percent and 6.3 percent respectively. As per the revised calendar, the Quick Estimate of IIP will now be released on 28th of every month (or next working day if 28th is a holiday). Sectoral trends showed that domestic Electricity production rose by 6,3%, marking a sharp improvement against 3.6% in the preceding month. Manufacturing activity, edged up 3%, compared to 2.9% in the preceding month. However, the Mining sector growth slowed to 0.4%, against a 1.6% rise in February. A detailed look at the data showed that Primary goods expanded 3.1% year-on-year in March versus 2.8% in the preceding month. Capital goods grew 2.4% versus 8.2% in February. Intermediate goods increased 2.3% versus 1% in the preceding month. Infrastructure goods grew by 8.8% versus 6.8% last month. Consumer durables grew by 6.6% versus 3.7% in the previous month. The IIP growth for FY25 came in at 4%, softening from 5.9% in previous fiscal.
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