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Industrial business decreases, slight decline in production growth in May
Samira Vishwas | July 1, 2025 3:24 AM CST

New Delhi : Shocking figures have emerged regarding manufacturing, mining and electricity sector. According to the data, industrial production growth in the country in the month of May has been slightly higher than 1 percent based on the highest low level of 9 months.

The growth rate of industrial production measured through the Industrial Production Index i.e. IIP was 6.3 percent in May of 2024 last year. The NSO has also revised the industrial production growth for April to 2.6 percent, while it was expected to be 2.7 percent earlier. Earlier, IIP recorded the lowest growth in August 2024. At that time the growth rate was stable.

According to data from the National Statistics Office, NSO, the manufacturing sector fell down to 2.6 percent in May 2025-26 in FY 2025-26, which was 5.1 % in the same month a year ago. Also, mining production declined by 0.1 per cent, while the financial year 2024-25 gained 6.6 per cent. Electricity production has dropped 5.8 percent in the rate of production, while in the financial year 2024-25, electricity production increased by 13.7 %.

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During the financial year 2025-26, during April to May, industrial production gained 1.8 percent on an annual basis as compared to 5.7 percent in the same period a year ago. Ecra’s chief economist Aditi Nair has said that due to early rains, it has directly affected the activities of the mining sector and has reduced the demand for electricity, due to which these two sub-sectors of IIP have declined in the month of May, while the manufacturing sector has slowed down.

(With agency input)

 


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