India's industrial output growth slows to 1.5% in June, lowest in 10 months; mining, power decline weigh on IIP
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In comparison, factory output as measured by the Index of Industrial Production (IIP) had expanded 4.9% in June 2024. This marks the slowest growth since August 2024, when IIP was nearly flat, PTI reported.
The NSO also revised May 2025's industrial growth upward to 1.9% from its earlier estimate of 1.2%.
Among sectors, manufacturing saw a modest improvement, with output rising 3.9% in June, slightly up from 3.5% a year earlier.
However, mining output contracted sharply by 8.7%, a stark reversal from 10.3% growth in June 2024. Electricity generation also shrank by 2.6%, compared to 8.6% growth in the same period last year.
In the first quarter of FY26 (April–June), industrial output grew by just 2%, significantly slower than the 5.4% recorded in the same period last year.
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