IIP growth slips to 2.7% in Apr

Mining output contracted and power generation grew at a slower pace over a high base

- Gireesh Chandra Prasad

Industrial production grew at 2.7% in April, its slowest pace in eight months, as mining output contracted and power generation grew at a slower pace over a high base, official data showed.

The modest expansion of factory output, compared with a 5.2% expansion in the year-ago period, signals the challenges facing the economy.

In the last financial year, factory output saw sharp fluctuations, expanding 6.3% in May and remaining stagnant in August. In February 2025, output growth was marginally faster than the level now reported for April, data from the ministry of statistics and programme implementation showed.