IIP Growth Stays At 4% In September, Manufacturing Sees Uptick
India's industrial output stayed at 4% in September, same as the preceding month, with the manufacturing segment logging a notable uptick, according to the Index of Industrial Production (IIP) data released by the Ministry of Statistics and Programme Implementation on Tuesday.
Manufacturing activity grew by 4.8% on an annual basis in September, compared to 3.8% last month. Within the manufacturing sector, 13 out of 23 industry groups recorded a positive growth in September 2025. This comes ahead of festive season push where companies place order to meet the rising demand.
In addition, the government's GST overhaul also helped the industry as it boosted demand for products.
Mining output, another key component of the IIP, declined 0.4% year-on-year in September versus a rise of 6.6% last month.
Electricity production increased 3.1% as against 4.1% in the previous month. This comes as many states in India saw heavy rainfall leading to less use of electricity.
IIP Internals (Use-Based)
Primary goods output expanded by 1.4% in September versus a rise of 5.4% in the preceding month.
Capital goods grew by 4.7% versus 4.5% in September.
Intermediate goods grew 5.3% versus a growth of 5.2% in the preceding month.
Infrastructure goods grew 10.5% versus 10.4% last month.
Consumer durables grew 10.2% versus 3.5% in the previous month.
Consumer non-durables output fell 2.9% versus a fall of 6.4% in the previous month.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
