The industrial production in India experienced a growth of 3% year-on-year in March. This was slightly below the economists’ forecast of 3.3% growth. In February, the industrial production had increased by 2.7%, as per the revised figures.
Manufacturing Sector: The output in the manufacturing domain saw an increase, growing by 3% in March compared to 2.8% in the previous month.
Electricity Production: There was a notable rise in electricity production which surged to 6.3% from 3.6% in February, showcasing a robust performance in this sector.
Mining Activity: On the other hand, mining activity showed a modest rise of 0.4%, down from 1.6% in February, highlighting some challenges in this segment.
Looking at the broader timeline, industrial production recorded an increase of 4% for the period spanning April 2024 to March 2025. This was a decline from the 5.9% growth observed during the same timeframe in the previous year.
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