IIP Inches Up In Mar, But At 4-Yr Low In FY25

New Delhi: India’s industrial production growth remains almost flat at three per cent in March sequentially, though, on a year-on-year basis, it slipped from 5.5 per cent, mainly due to poor performance of the manufacturing, mining and power sectors.

The government also revised the industrial growth figure downward to 2.7 per cent for February 2025 from the provisional estimate of 2.9 per cent earlier this month, according to the official data released on Monday. In the fiscal 2024-25, the IIP decelerated to a four-year low of four per cent.