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India’s Index of industrial production records growth of 1.2% in May 2025

India’s Index of industrial production records growth of 1.2% in May 2025

Index of Industrial Production (IIP) saw a 1.2 % year-on-year increase in May 2025, driven by growth in manufacturing sector at 2.6%.

As per the revised calendar, the Quick Estimate of Index of Industrial Production (IIP) will now be released on 28th of every month (or next working day if 28th is a holiday). The index is compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments. These Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP.

2.        Key Highlights:

3.       Along with the Quick Estimate of IIP for the month of May 2025, the indices for April 2025 have undergone final revision in the light of the updated data received from the source agencies.

4. The Quick Estimates for May 2025 and the final revision for April 2025 have been compiled at weighted response rates of 89.5 percent and 93.0 percent.

5.     Details of Quick Estimates of the Index of Industrial Production for the month of May 2025 at Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and by Use-based classification are given at Statements I, II and III respectively. Also, for users to appreciate the changes in the industrial sector, Statement IV provides month-wise indices for the last 13 months, by industry groups (as per 2-digit level of NIC-2008) and sectors.

6.     Release of the Index for June 2025 will be on Monday, 28th July 2025.

 

Note: –

 

STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION – SECTORAL

(Base: 2011-12=100)

Month

Mining

Manufacturing

Electricity

General

(14.372472)

(77.63321)

(7.994318)

(100)

2024-25

2025-26

2024-25

2025-26

2024-25

2025-26

2024-25

2025-26

Apr

130.9

130.7

144.6

149.1

212.0

215.7

148.0

151.8

May*

136.5

136.3

150.4

154.3

229.3

216.0

154.7

156.6

Jun

134.9

 

146.6

 

222.8

 

151.0

 

Jul

116.1

 

148.8

 

220.2

 

149.8

 

Aug

107.1

 

146.1

 

212.3

 

145.8

 

Sep

111.7

 

147.2

 

206.9

 

146.9

 

Oct

128.5

 

148.4

 

207.8

 

150.3

 

Nov

133.8

 

147.0

 

184.1

 

148.1

 

Dec

143.2

 

157.2

 

192.8

 

158.0

 

Jan

150.7

 

159.5

 

201.9

 

161.6

 

Feb

141.9

 

148.4

 

194.0

 

151.1

 

Mar

158.1

 

162.4

 

219.5

 

166.3

 

Average

 

 

 

 

 

 

 

 

Apr-May

133.7

133.5

147.5

151.7

220.7

215.9

151.4

154.2

Growth over the corresponding period of previous year

Apr

6.8

-0.2

4.2

3.1

10.2

1.7

5.2

2.6

May*

6.6

-0.1

5.1

2.6

13.7

-5.8

6.3

1.2

Apr-May

6.6

-0.1

4.6

2.8

12.0

-2.2

5.7

1.8

*Figures for May 2025 are Quick Estimates.

NOTE : Indices for the months of Apr’25  incorporate updated production data.

 

STATEMENT II:  INDEX OF INDUSTRIAL PRODUCTION – (2-DIGIT LEVEL)

(Base: 2011-12=100)

Industry

Description

Weight

Index

Cumulative Index

Percentage growth

code

 

 

May’24

May’25*

Apr-May

May’25*

Apr-May

 

 

 

 

 

2024-25

2025-26

 

2025-26

10

Manufacture of food products

5.302

116.4

118.5

118.1

119.8

1.8

1.4

11

Manufacture of beverages

1.035

136.4

130.9

130.1

126.4

-4.0

-2.8

12

Manufacture of tobacco products

0.798

88.1

91.7

74.6

83.7

4.1

12.2

13

Manufacture of textiles

3.291

107.0

104.1

106.2

104.9

-2.7

-1.2

14

Manufacture of wearing apparel

1.322

123.6

126.6

114.4

120.4

2.4

5.2

15

Manufacture of leather and related products

0.502

102.6

97.6

96.0

93.0

-4.9

-3.1

16

Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

0.193

100.3

102.4

92.3

103.7

2.1

12.4

17

Manufacture of paper and paper products

0.872

81.0

77.7

78.3

75.7

-4.1

-3.3

18

Printing and reproduction of recorded media

0.680

91.9

76.9

87.0

76.1

-16.3

-12.5

19

Manufacture of coke and refined petroleum products

11.775

140.7

142.2

138.1

137.4

1.1

-0.5

20

Manufacture of chemicals and chemical products

7.873

133.2

126.8

130.1

124.3

-4.8

-4.5

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.981

245.0

237.4

244.7

234.5

-3.1

-4.2

22

Manufacture of rubber and plastics products

2.422

112.4

123.6

110.7

120.3

10.0

8.7

23

Manufacture of other non-metallic mineral products

4.085

149.1

159.4

148.9

158.1

6.9

6.2

24

Manufacture of basic metals

12.804

225.9

240.3

223.3

238.0

6.4

6.6

25

Manufacture of fabricated metal products, except machinery and equipment

2.655

97.8

98.6

91.4

96.4

0.8

5.5

26

Manufacture of computer, electronic and optical products

1.570

136.5

131.8

125.4

129.1

-3.4

3.0

27

Manufacture of electrical equipment

2.998

122.7

132.0

116.6

129.0

7.6

10.6

28

Manufacture of machinery and equipment n.e.c.

4.765

118.1

132.0

113.1

125.2

11.8

10.7

29

Manufacture of motor vehicles, trailers and semi-trailers

4.857

134.4

142.8

130.5

144.8

6.3

11.0

30

Manufacture of other transport equipment

1.776

153.2

162.9

146.8

151.1

6.3

2.9

31

Manufacture of furniture

0.131

246.0

231.2

233.4

227.5

-6.0

-2.5

32

Other manufacturing

0.941

72.5

60.7

84.5

69.0

-16.3

-18.3

 

 

 

 

 

 

 

 

 

05

Mining

14.3725

136.5

136.3

133.7

133.5

-0.1

-0.1

10-32

Manufacturing

77.6332

150.4

154.3

147.5

151.7

2.6

2.8

35

Electricity

7.9943

229.3

216.0

220.7

215.9

-5.8

-2.2

 

 

 

 

 

 

 

 

 

 

General Index

100.00

154.7

156.6

151.4

154.2

1.2

1.8

*Figures for May 2025 are Quick Estimates.

 

 

STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION – USE-BASED

(Base :2011-12=100)

 

Primary goods

Capital goods

Intermediate goods

Infrastructure/ construction goods

Consumer durables

Consumer non-durables

Month

(34.048612)

(8.223043)

(17.221487)

(12.338363)

(12.839296)

(15.329199)

 

2024-25

2025-26

2024-25

2025-26

2024-25

2025-26

2024-25

2025-26

2024-25

2025-26

2024-25

2025-26

 

Apr

152.2

151.9

95.0

108.3

157.8

165.5

184.2

192.9

119.5

126.9

150.9

146.9

 

May*

160.9

157.9

105.3

120.1

162.4

168.1

186.3

198.1

130.2

129.3

154.0

150.3

 

Jun

156.0

 

111.3

 

159.1

 

184.9

 

127.1

 

145.2

 

 

Jul

150.1

 

114.0

 

164.6

 

179.7

 

126.6

 

147.1

 

 

Aug

141.6

 

107.4

 

162.3

 

181.5

 

129.8

 

141.8

 

 

Sep

141.3

 

116.5

 

160.8

 

178.8

 

132.9

 

145.7

 

 

Oct

149.8

 

109.2

 

165.0

 

184.2

 

129.8

 

146.4

 

 

Nov

147.7

 

106.7

 

158.5

 

177.3

 

121.5

 

158.1

 

 

Dec

157.7

 

114.7

 

170.1

 

195.4

 

123.8

 

166.9

 

 

Jan

162.8

 

119.3

 

172.5

 

200.2

 

130.0

 

165.1

 

 

Feb

152.3

 

115.4

 

159.1

 

191.7

 

126.4

 

146.7

 

 

Mar

169.5

 

136.3

 

175.6

 

214.6

 

138.8

 

149.0

 

 

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-May

156.6

154.9

100.2

114.2

160.1

166.8

185.3

195.5

124.9

128.1

152.5

148.6

 

Growth over the corresponding period of previous year

 

 

 

 

 

 

 

 

Apr

7.0

-0.2

2.8

14.0

3.8

4.9

8.5

4.7

10.5

6.2

-2.5

-2.7

 

May*

7.3

-1.9

2.6

14.1

3.5

3.5

7.6

6.3

12.6

-0.7

2.8

-2.4

 

Apr-May

7.2

-1.1

2.8

14.0

3.6

4.2

8.0

5.5

11.6

2.6

0.1

-2.6

 

*Figures for May 2025 are Quick Estimates.

NOTE: Indices for the months of Apr’25 incorporate updated production data.

 

STATEMENT IV:  MONTHLY INDEX OF INDUSTRIAL PRODUCTION – (2-DIGIT LEVEL)

(Base: 2011-12=100)

Industry code

Description

Weight

May-24

Jun-24

Jul-24

Aug-24

Sep-24

Oct-24

Nov-24

Dec-24

Jan-25

Feb-25

Mar-25

Apr-25

May-25

10

Manufacture of food products

5.3025

116.4

118.3

119.9

122.3

120.5

130.5

136.5

154.2

159.2

142.7

131.6

121.1

118.5

11

Manufacture of beverages

1.0354

136.4

125.2

112.9

100.3

101.8

102.7

99.4

104.2

117.1

116.9

133.4

121.9

130.9

12

Manufacture of tobacco products

0.7985

88.1

83.2

81.3

78.5

91.2

92.3

80.3

88.2

96.9

76.3

96.9

75.7

91.7

13

Manufacture of textiles

3.2913

107.0

106.2

109.1

109.4

109.3

111.1

106.2

114.2

113.7

106.7

113.0

105.7

104.1

14

Manufacture of wearing apparel

1.3225

123.6

122.6

111.7

112.5

103.7

104.0

110.3

119.1

121.1

121.4

144.8

114.2

126.6

15

Manufacture of leather and related products

0.5021

102.6

99.2

102.0

94.3

89.5

87.0

76.3

89.2

93.8

88.1

88.8

88.4

97.6

16

Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

0.1930

100.3

103.8

99.1

108.1

106.7

103.2

98.2

115.0

104.4

106.8

117.2

105.0

102.4

17

Manufacture of paper and paper products

0.8724

81.0

79.8

81.7

83.0

81.2

78.3

75.0

76.9

76.7

72.2

78.2

73.7

77.7

18

Printing and reproduction of recorded media

0.6798

91.9

85.3

84.4

83.3

84.7

78.0

82.6

89.9

83.3

78.9

82.2

75.3

76.9

19

Manufacture of coke and refined petroleum products

11.7749

140.7

132.2

140.9

130.8

128.8

132.8

135.6

147.4

146.3

131.8

146.0

132.5

142.2

20

Manufacture of chemicals and chemical products

7.8730

133.2

131.7

135.2

129.5

129.4

129.4

123.2

131.0

130.7

121.9

129.8

121.8

126.8

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.9810

245.0

218.8

224.7

212.6

222.9

216.9

251.4

259.1

246.1

211.8

218.3

231.5

237.4

22

Manufacture of rubber and plastics products

2.4222

112.4

114.5

116.9

115.5

117.6

116.6

103.6

107.0

118.7

114.6

118.9

117.0

123.6

23

Manufacture of other non-metallic mineral products

4.0853

149.1

154.1

136.3

139.8

137.6

144.3

136.7

157.7

162.3

159.8

180.2

156.7

159.4

24

Manufacture of basic metals

12.8043

225.9

219.2

223.7

225.6

219.7

228.2

222.0

236.8

242.2

224.3

252.2

235.6

240.3

25

Manufacture of fabricated metal products, except machinery and equipment

2.6549

97.8

89.5

93.7

92.8

99.5

100.2

95.2

107.4

104.0

102.2

110.4

94.1

98.6

26

Manufacture of computer, electronic and optical products

1.5704

136.5

134.8

130.9

146.6

146.7

124.2

115.9

115.1

126.0

139.9

165.2

126.3

131.8

27

Manufacture of electrical equipment

2.9983

122.7

136.8

131.8

127.7

128.1

125.9

121.1

163.9

131.4

122.1

144.8

125.9

132.0

28

Manufacture of machinery and equipment n.e.c.

4.7653

118.1

125.3

126.2

122.9

131.7

120.2

117.7

127.5

121.7

124.4

158.3

118.3

132.0

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

134.4

128.9

133.5

129.2

132.6

133.4

134.4

116.0

148.3

142.0

145.3

146.7

142.8

30

Manufacture of other transport equipment

1.7763

153.2

153.4

155.0

156.4

189.0

184.5

159.4

142.2

180.0

157.8

165.2

139.2

162.9

31

Manufacture of furniture

0.1311

246.0

217.0

209.2

226.2

246.6

211.4

201.7

239.0

212.1

233.8

239.4

223.7

231.2

32

Other manufacturing

0.9415

72.5

74.6

83.3

86.9

99.5

91.8

57.0

77.9

76.6

71.5

88.2

77.2

60.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5

Mining

14.3725

136.5

134.9

116.1

107.1

111.7

128.5

133.8

143.2

150.7

141.9

158.1

130.7

136.3

10-32

Manufacturing

77.6332

150.4

146.6

148.8

146.1

147.2

148.4

147.0

157.2

159.5

148.4

162.4

149.1

154.3

35

Electricity

7.9943

229.3

222.8

220.2

212.3

206.9

207.8

184.1

192.8

201.9

194.0

219.5

215.7

216.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

General Index

100

154.7

151.0

149.8

145.8

146.9

150.3

148.1

158.0

161.6

151.1

166.3

151.8

156.6

Note: The figures for May 2025 are provisional

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  1.  The IIP growth rate for the month of May 2025 is 1.2 percent which was 2.7 percent (Quick Estimate) in the month of April 2025.
  2.  The growth rates of the three sectors, Mining, Manufacturing and Electricity for the month of May 2025 are (-)0.1 percent, 2.6 percent and (-)5.8 percent respectively.
  3.  The Quick Estimates of IIP stands at 156.6 against 154.7 in May 2024. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of May 2025 stand at 136.3, 154.3 and 216.0 respectively.
  4.  Within the manufacturing sector, 13 out of 23 industry groups at NIC 2 digit-level have recorded a positive growth in May 2025 over May 2024. The top three positive contributors for the month of May 2025 are – “Manufacture of basic metals” (6.4%), “Manufacture of machinery and equipment n.e.c.” (11.8%) and “Manufacture of other non-metallic mineral products” (6.9%).
  5.  In the industry group “Manufacture of basic metals”, item groups “MS blooms/ billets/ ingots/ pencil ingots”, “MS slabs” and “Flat products of Alloy Steel” have shown significant contribution in growth.
  6. In the industry group “Manufacture of machinery and equipment n.e.c.”, item groups “Separators including decanter centrifuge”, “Pumps of all types” and “Stationary and internal combustion piston engines not for motor vehicles” have shown significant contribution in growth.
  7. In the industry group “Manufacture of other non-metallic mineral products” item groups “Cement- all types”, “Cement Clinkers”, and “Glassware” have shown significant contribution in growth.
  8.  As per the use base classification, the indices stand at 157.9 for Primary Goods, 120.1 for Capital Goods, 168.1 for Intermediate Goods and 198.1 for Infrastructure/ Construction Goods for the month of May 2025. Further, the indices for Consumer durables and Consumer non-durables stand at 129.3 and 150.3 respectively.
  9.  The corresponding growth rates of IIP as per Use-based classification in May 2025 over May 2024 are (-)1.9 percent in Primary goods, 14.1 percent in Capital goods, 3.5 percent in Intermediate goods, 6.3 percent in Infrastructure/ Construction Goods, (-) 0.7 percent in Consumer durables and (-)2.4 percent in Consumer non-durables (Statement III).  Based on use-based classification, top three positive contributors to the growth of IIP for the month of May 2025 are Infrastructure/ construction goods, Capital goods, Intermediate goods.
  10.   Monthly Indices and Growth Rate (in %) of IIP for the last 13 months