Did India’s Industrial Production Achieve a 4 Percent Growth in September?
Click to start listening
Synopsis
India's industrial production has registered a significant growth of 4 percent in September, primarily fueled by the manufacturing sector's robust performance. This positive trend highlights the strength of various industry groups and the overall impact on the economy.
Key Takeaways
- 4 percent growth in India's industrial production for September.
- Manufacturing sector contributed significantly with 4.8 percent growth.
- Electricity generation rose by 3.1 percent.
- Negative growth in mining at (-0.4 percent).
- Consumer durables saw a 10.2 percent surge.
New Delhi, Oct 28 (NationPress) India's industrial production has shown a remarkable 4 percent growth in September this year compared to the same month in the previous year. This growth is largely attributed to a robust performance in the manufacturing sector, as reported by the Ministry of Statistics on Monday.
The growth rate for industrial production, measured by the Index of Industrial Production (IIP), saw an increase to 4 percent in August, following a four-month high of 3.5 percent in July, which had previously risen from 1.5 percent in June. The 4 percent growth rate was consistently maintained in September.
The manufacturing sector, which plays a crucial role in providing quality employment for young graduates from universities and engineering institutes across the country, experienced a strong 4.8 percent growth in September this year compared to the same month last year. This figure exceeds the 3.8 percent growth recorded in August.
Among the manufacturing sector, 13 out of 23 industry groups reported positive growth in September compared to the same month of the previous year. The top contributors for the month include – ‘Manufacture of basic metals’ (12.3 percent), ‘Manufacture of electrical equipment’ (28.7 percent), and ‘Manufacture of motor vehicles, trailers and semi-trailers’ (14.6 percent).
Electricity generation recorded a 3.1 percent growth in September, while the mining sector lagged with a negative growth of (-0.4 percent) during the month.
The data on use-based classification indicates that capital goods production, which includes machinery used in factories, increased by 4.7 percent in September compared to the previous year. This segment reflects actual investments in the economy, creating a multiplier effect on job and income generation.
Consumer durables, such as refrigerators, air conditioners, and televisions, saw a significant increase of 10.2 percent during the month, indicating rising demand linked to increasing incomes that enable consumers to elevate their living standards.
The infrastructure and construction sector achieved a double-digit growth of 10.2 percent in September, marking the second consecutive month of such growth, spurred by major government projects in highways, railways, and ports.
Point of View
I observe that India's latest industrial production figures signal a positive shift in our economic landscape. The consistent growth in the manufacturing sector indicates a robust recovery, fostering job creation and an upsurge in consumer demand. It is essential for stakeholders to harness this momentum for sustainable progress.
NationPress
15/12/2025
Frequently Asked Questions
What was the growth rate of India's industrial production in September?
India's industrial production registered a growth rate of 4 percent in September compared to the same month last year.
Which sector contributed most to the industrial growth?
The manufacturing sector was the key contributor, achieving 4.8 percent growth in September.
How did the mining sector perform in September?
The mining sector experienced a negative growth of (-0.4 percent) during September.
What is the significance of capital goods production?
Capital goods production, which increased by 4.7 percent, reflects actual investment in the economy and is crucial for job creation.
What trends were observed in consumer durables?
Consumer durables showed a significant surge, with a 10.2 percent growth, indicating increased demand linked to rising incomes.
