India's Index of Industrial Production records growth of 3.5% in July 2025

India's Index of Industrial Production (IIP) experienced a robust growth of 3.5% in July 2025, driven primarily by a 5.4% growth in the manufacturing sector. This positive trend follows a 1.5% growth recorded in June 2025. The quick estimates for the IIP in July 2025 stand at 155.0, an increase from 149.8 in July 2024. Sector-specific growth rates for July 2025 show that Manufacturing grew by 5.4%, and Electricity grew by 0.6%. The Mining sector, however, recorded a negative growth of 7.2%. Within manufacturing, 14 of the 23 industry groups at the National Industrial Classification (NIC) 2-digit level showed positive growth in July 2025 compared to July 2024. The top three contributors to this growth were "Manufacture of basic metals" (12.7%), "Manufacture of electrical equipment" (15.9%), and "Manufacture of other non-metallic mineral products" (9.5%).
A use-based classification also reveals a positive growth trajectory for key sectors. Infrastructure/Construction Goods saw a significant growth of 11.9%, while Intermediate Goods and Consumer Durables grew by 5.8% and 7.7%, respectively. The indices for Primary Goods, Capital Goods, Intermediate Goods, and Infrastructure/Construction Goods were 147.6, 119.7, 174.1, and 201.0, respectively, in July 2025. The report also highlights that the top three positive contributors to the IIP growth, based on this classification, were Infrastructure/Construction Goods, Intermediate Goods, and Consumer Durables. The quick estimates for July 2025 and the final revisions for June 2025 were compiled with weighted response rates of 89.5% and 93.1%, respectively.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.