India’s industrial output witnessed a slowdown in March 2025, with growth at 3%, down from 5.5% the previous year. The sluggish performance was primarily due to weaker showings in manufacturing, mining, and power sectors. The Index of Industrial Production (IIP) recorded a modest 4% expansion for the fiscal year 2024-25, representing the lowest growth rate in four years.
India’s industrial output growth slows to 3% in March 2025, manufacturing and mining sectors hit, lowest in four years.
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