The growth rates of the three sectors, mining, manufacturing and electricity for the month of September 2025 are (-)0.4%, 4.8% and 3.1% respectively.
Manufacturing remains key growth driver in September
The manufacturing sector continued to be the biggest contributor, posting a growth of 4.8% in September against 4% in the year-ago month. The sector showed resilience across key industries such as basic metals, electrical equipment, and automobiles. The production of basic metals rose 12.3%, electrical equipment surged 28.7%, and motor vehicles, trailers and semi-trailers increased 14.6% compared to the same period last year.
Rajeev Juneja, President of PHDCCI said, “The robust performance of the manufacturing sector was largely driven by double-digit growth in key industries such as the manufacture of basic metals, electrical equipment, computer, electronic and optical products, motor vehicles, trailers and semi-trailers, and wood and wood products.”
The factory output, measured in terms of the Index of Industrial Production (IIP), had expanded by 3.2% in September 2024.
The National Statistics Office (NSO) revised the industrial production growth to 4.1% for August 2025 from the provisional estimate of 4% released last month.
Power production rose by 3.1% in September 2025 against 0.5% expansion in the year-ago period.
During the April-September period (H1) of FY26, the country’s industrial production grew by 3% compared to 4.1% in the first half of 2024-25.