India's industrial output slumps to 6-month low of 2.9% in February

India's industrial production growth slowed to a six-month low of 2.9% in February 2025, down from 5.0% in January, according to official data released on Friday.

The Index of Industrial Production (IIP), which measures factory output, stood at 151.3 in February 2025 compared to 147.1 in the same month last year, the Ministry of Statistics and Programme Implementation said in a release.

The manufacturing sector, a major component of the IIP, recorded a growth of 2.9% in February, while mining and electricity sectors grew at 1.6% and 3.6%, respectively.

Based on use-based classification, infrastructure and construction goods grew at 6.6%, capital goods at 8.2%, and primary goods at 2.8%. However, consumer non-durables saw a contraction of 2.1%, signalling weak demand in certain segments. Consumer durables and intermediate goods recorded growth of 3.8% and 1.5%, respectively.