New Delhi, 1 December (H.S.): India’s industrial production growth slipped to a 13-month low of 0.4 percent in October, impacted by sluggish performance in the electricity and mining sectors. This marks a significant decline from the same period last year when industrial output had grown by 3.7 percent.

The Ministry of Statistics and Programme Implementation (MoSPI) reported on Monday that the Industrial Production Index (IIP) reflected weakened manufacturing, mining, and electricity outputs, contributing to the downturn. Growth rates for the previous months were 4 percent in September and August, 3.5 percent in July, and 1.5 percent in June.

The Annual IIP growth also showed a decline, with the previous low recorded in September 2024 when it had stabilized. Subsequently, MoSPI revised September 2025’s IIP growth upward from 4 percent to 4.6 percent.Breaking down the October figures, manufacturing sector growth dropped to 1.8 percent compared to 4.4 percent last year. The mining sector experienced a 1.8 percent contraction, while it had expanded by 0.9 percent during the same month last year.

Meanwhile, electricity production shrank by 6.9 percent against a 2 percent growth a year earlier.For the financial year 2025-26, from April to October, industrial production registered an overall growth of 2.7 percent, down from 4 percent in the corresponding period last year.

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Hindusthan Samachar / Jun Sarkar