As per the revised calendar, the Quick Estimate of Index of Industrial Production (IIP) will now be released on 28th of every month (or next working day if 28th is a holiday). The index is compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments. These Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP.
Key Highlights:
- The IIP growth rate for the month of April 2025 is 2.7 percent which was 3.0 percent (Quick Estimate) in the month of March 2025.
- The growth rates of the three sectors, Mining, Manufacturing and Electricity for the month of April 2025 are (-)0.2 percent, 3.4 percent and 1.1 percent respectively.
- The Quick Estimates of IIP stands at 152.0 against 148.0 in April 2024. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of April 2025 stand at 130.6, 149.5 and 214.4 respectively.
- Within the manufacturing sector, 16 out of 23 industry groups at NIC 2 digit-level have recorded a positive growth in April 2025 over April 2024. The top three positive contributors for the month of April 2025 are – “Manufacture of basic metals” (4.9%), “Manufacture of motor vehicles, trailers and semi-trailers” (15.4%) and “Manufacture of machinery and equipment n.e.c.” (17.0%).
- In the industry group “Manufacture of basic metals”, item groups “Pipes and tubes of Steel”, “MS blooms/ billets/ ingots/ pencil ingots”, “Flat products of Alloy Steel “have shown significant contribution in growth.
- In the industry group “Manufacture of motor vehicles, trailers and semi-trailers”, item groups “Auto components/ spares and accessories”, “Axle”, “Commercial Vehicles” have shown significant contribution in growth.
- In the industry group “Manufacture of machinery and equipment n.e.c.” item groups “Machine tools for turning, drilling, etc. (other than lathes)”, “Lathes”, “Stationary and internal combustion piston engines not for motor vehicles” have shown significant contribution in growth.
- As per the use base classification, the indices stand at 151.6 for Primary Goods, 114.3 for Capital Goods, 164.2 for Intermediate Goods and 191.6 for Infrastructure/ Construction Goods for the month of April 2025. Further, the indices for Consumer durables and Consumer non-durables stand at 127.2 and 148.4 respectively.
- The corresponding growth rates of IIP as per Use-based classification in April 2025 over April 2024 are (-)0.4 percent in Primary goods, 20.3 percent in Capital goods, 4.1 percent in Intermediate goods, 4.0 percent in Infrastructure/ Construction Goods, 6.4 percent in Consumer durables and (-)1.7 percent in Consumer non-durables (Statement III). Based on use-based classification, top three positive contributors to the growth of IIP for the month of April 2025 are Capital goods, Intermediate goods, Consumer durables.
- Monthly Indices and Growth Rate (in %) of IIP for the last 13 months