India’s industrial output growth slows to 0.4% in October

India’s industrial production growth slowed sharply to 0.4% in October 2025, mainly due to fewer working days during a month packed with major festivals and a decline in electricity generation, according to official data released on Monday.

The Index of Industrial Production (IIP) had expanded by 4% in September 2025.

The Ministry of Statistics and Programme Implementation said the moderation in growth was partly on account of holidays around Dussehra, Diwali and Chhath, which resulted in reduced factory activity.

Manufacturing output rose 1.8% in October, even as mining contracted by 1.8%.

Electricity generation fell 6.9%, with the government attributing the decline to lower demand brought on by extended rains and comfortable temperatures across several states and Union territories.

The overall IIP index stood at 150.9 in October, compared with 150.3 in the same month last year.

Within the manufacturing sector, nine of the 23 industry groups recorded positive growth. The ministry said the largest contributions came from basic metals, coke and refined petroleum products, and motor vehicles, trailers and semi-trailers.

Growth in basic metals was led by higher output of HR coils and sheets of mild steel, alloy steel flat products and MS slabs.

In petroleum products, diesel, petrol and hard coke contributed to the increase, while in the automobiles segment, auto components, passenger cars and commercial vehicles supported the expansion.

As per use-based classification, output of infrastructure and construction goods grew 7.1%, emerging as the strongest segment, followed by capital goods, which rose 2.4%, and intermediate goods, which were up 0.9%. Production of primary goods declined 0.6%, while consumer durables fell 0.5% and consumer non-durables contracted 4.4%.

The ministry said the next set of IIP data, for November 2025, will be released on December 29, 2025.