India’s Index of industrial production records growth of 2.9% in February 2025

India’s Index of industrial production records growth of 2.9% in February 2025

Ministry of Statistics & Programme Implementation

India’s Index of industrial production records growth of 2.9% in February 2025

QUICK ESTIMATE OF INDEX OF INDUSTRIAL PRODUCTION AND USE-BASED
INDEX FOR THE MONTH OF FEBRUARY 2025 (BASE 2011-12=100)

Posted On: 11 APR 2025 4:00PM by PIB Delhi

The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month (or previous working day if 12th is a holiday) with a six weeks lag and 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.

2. Key Highlights:

• The IIP growth rate for the month of February 2025 is 2.9 percent which was 5.0 percent (Quick Estimate) in the month of January 2025.
• The growth rates of the three sectors, Mining, Manufacturing and Electricity for the month of February 2025 are 1.6 percent, 2.9 percent and 3.6 percent respectively.
• The Quick Estimates of IIP stands at 151.3 against 147.1 in February 2024. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of February 2025 stand at 141.9, 148.6 and 194.0 respectively.
• Within the manufacturing sector, 14 out of 23 industry groups at NIC 2 digit-level have recorded a positive growth in February 2025 over February 2024. The top three positive contributors for the month of February 2025 are – “Manufacture of basic metals” (5.8%), “Manufacture of motor vehicles, trailers and semi-trailers” (8.9%) and “Manufacture of other non-metallic mineral products” (8.0%).
• In the industry group “Manufacture of basic metals”, item groups “Flat products of Alloy Steel “, “Pipes and tubes of Steel”, “Bars and Rods of Mild 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 other non-metallic mineral products” item groups “Cement- all types”, “Cement Clinkers”, “Pre-fabricated Concrete blocks (including RMC)” have shown significant contribution in growth.
• As per the use base classification, the indices stand at 152.3 for Primary Goods, 115.5 for Capital Goods, 159.9 for Intermediate Goods and 191.3 for Infrastructure/ Construction Goods for the month of February 2025. Further, the indices for Consumer durables and Consumer non-durables stand at 126.5 and 146.7 respectively.
• The corresponding growth rates of IIP as per Use-based classification in February 2025 over February 2024 are 2.8 percent in Primary goods, 8.2 percent in Capital goods, 1.5 percent in Intermediate goods, 6.6 percent in Infrastructure/ Construction Goods, 3.8 percent in Consumer durables and (-)2.1 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 February 2025 are – Infrastructure/ construction goods, Primary goods, and Capital goods.
• Monthly Indices and Growth Rate (in %) of IIP for the last 13 months

3. Along with the Quick Estimates of IIP for the month of February 2025, the indices for January 2025 have undergone the first revision and those for November 2024 have undergone final revision in the light of the updated data received from the source agencies. The Quick Estimates for February 2025, the first revision for January 2025 and the final revision for November 2024 have been compiled at weighted response rates of 89 percent, 94 percent and 95 percent respectively.

4. Details of Quick Estimates of the Index of Industrial Production for the month of February 2025 at Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and by Use-based classification are given at Statements I, II and III respectively. Also, for users to appreciate the changes in the industrial sector, Statement IV provides month-wise indices for the last 13 months, by industry groups (as per 2-digit level of NIC-2008) and sectors.

5. Release of the Index for March 2025 will be on Monday, 28th April 2025.

Note: –

• This Press release (English and Hindi Version) is also available at the Ministry’s Website -http://www.mospi.gov.in.
• Detailed information pertaining to IIP is available at https://mospi.gov.in/iip and https://esankhyiki.mospi.gov.in/