US EditionIndia’s Industrial Growth Eased to 4% in September—Slowest in 3 Months
Industrial growth slowed mainly due to mining and consumer non-durables sectors contracting while manufacturing rose 4.8%, the fastest in September 2025, government data shows.
- Published on October 28, 2025, official data show industrial activity dipped marginally to a three-month low of 4% in September 2025, according to the Ministry of Statistics and Programme Implementation.
- Slowing activity in key sectors meant the slowdown was mainly led by the mining sector contracting 0.45%, primary goods growth slowing to 1.4%, and consumer non-durables contracting 2.9%.
- Manufacturing surprised with growth accelerating to 4.8% in September 2025 from 3.8% in August, and Madan Sabnavis, chief economist at the Bank of Baroda, said late GST cuts may have boosted consumer durables ahead of October-November.
- The April-September 2025 period recorded the slowest growth in at least five years, with the Index of Industrial Production growing 3%.
- Past base effects show the index grew 24% in the first half of 2021-22, while companies are scaling up output ahead of the festival season after GST reforms, affecting October-November activity.
14 Articles
14 Articles
Industrial output grows 4% in Sept
The top three positive contributors for the month of September 2025 are – manufacture of basic metals (12.3%), manufacture of electrical equipment (28.7%) and manufacture of motor vehicles, trailers and semi-trailers” (14.6%), the NSO said.
India’s industrial growth eased to 4% in September—slowest in 3 months
India's industrial output increased by 4% annually in September, but mining output fell by 0.4%. Manufacturing showed resilience with 4.8% growth, although overall industrial activity remains volatile amid domestic and global challenges.
Times of India
The Economic TimesIndia's industrial production slows to 4% in September from 4.1% in August
India's industrial output rose 4% in September, boosted by a stronger manufacturing sector. This marks an improvement from the previous year, though core industry growth slowed significantly. Manufacturing output increased by 4.8%, while mining and electricity generation also saw positive growth.
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