India's Index of industrial production records growth of 2.7% in April 2025. This report published by National Statistical Office (NSO), Which is the part of Ministry of Statistics and Programme Implementation, Government of India(https://www.mospi.gov.in/).
Sectoral Performance (April 2025)
- Manufacturing: The manufacturing sector showed positive momentum, registering a growth of 3.4%. This was largely supported by significant gains in capital goods, which rose by over 20%, and consumer durables, which increased by around 6%. On the downside, production in the consumer non-durables category declined by 1.7%, reflecting uneven demand patterns.
- Electricity: Electricity output edged up by 1.1% during the month. Though still in positive territory, the pace of growth was modest and suggested a possible cooling in industrial and residential power demand.
- Mining: Mining activity saw a marginal decline of 0.2%, which weighed down overall industrial performance. The drop may be linked to operational or seasonal factors affecting mineral extraction.
The 8 Core Industries of India, which are key sectors representing the backbone of the industrial economy and account for about 40.27% of the weight of items included in the Index of Industrial Production (IIP), are:
1. Coal
2. Crude Oil
3. Natural Gas
4. Refinery Products
5. Fertilizers
6. Steel
7. Cement
8. Electricity
These industries are monitored monthly by the Office of the Economic Adviser(OEA) under the Ministry of Commerce & Industry. Their performance is a major indicator of the overall economic health and industrial momentum in the country.
If we arrange 8 Core Industries of India in descending order of their weightage in the Index of Industrial Production (IIP):
- Refinery Products – 28.04%
- Electricity – 19.85%
- Steel – 17.92%
- Coal – 10.33%
- Crude Oil – 8.98%
- Natural Gas – 6.88%
- Cement – 5.37%
- Fertilizers – 2.63%
More information : https://www.pib.gov.in/PressReleasePage.aspx?PRID=2132055
