Industrial output growth at 13-month low of 0.4% in October

India’s industrial production growth slowed to a 13-month low of 0.4% in October this year due to the poor showing by power, mining and manufacturing sectors, according to official data released on Monday (December 1, 2025).

The factory output, measured in terms of the Index of Industrial Production (IIP), had expanded by 3.7% in October 2024.

The previous low was recorded as flat growth in September 2024.

The National Statistics Office (NSO) revised the industrial production growth to 4.6% for September 2025 from the provisional estimate of 4% released last month.

The latest NSO data showed that the manufacturing sector’s output growth decelerated to 1.8% in October 2025 from 4.4% in the year-ago month.

Mining production contracted by 1.8% against a growth of 0.9% recorded a year ago.

Power production contracted by 6.9% in October 2025, compared to a 2% expansion in the year-ago period.

During the April-October period of FY26, the country’s industrial production growth decelerated by 2.7% compared to 4% in the same period a year ago.