Index of Industrial Production Growth July 2025
The Index of Industrial Production (IIP) for July 2025 showed a growth rate of 3.5 percent compared to July 2024. This marks an improvement over June 2025’s quick estimate of 1.5 percent. The IIP reflects the performance of three main sectors – Mining, Manufacturing, and Electricity. The latest data offers vital information about sector-wise and use-based industrial activities, denoting key contributors and trends in India’s industrial landscape.
Revised Release Schedule
The Quick Estimate of the IIP is now released on the 28th of every month or the next working day if the 28th is a holiday. It is compiled from data provided by source agencies, which collect information from producing factories and establishments. These Quick Estimates are subject to revision in subsequent releases as per the IIP revision policy to ensure accuracy.
Sectoral Performance in July 2025
The overall IIP index for July 2025 stood at 155.0, up from 149.8 in July 2024. Sector-wise growth rates were mixed. Mining contracted by 7.2 percent, manufacturing rose by 5.4 percent, and electricity grew marginally by 0.6 percent. The indices for these sectors were 107.7 for mining, 156.9 for manufacturing, and 221.5 for electricity. Manufacturing remains the dominant sector, contributing to overall industrial growth.
Manufacturing Industry Group Highlights
Out of 23 manufacturing industry groups at the NIC 2-digit level, 14 recorded positive growth in July 2025 over the previous year. The top contributors were:
- Manufacture of basic metals – 12.7% growth, driven by MS slabs, HR coils and sheets of mild steel, and alloy steel flat products.
- Manufacture of electrical equipment – 15.9% growth, boosted by electric heaters, electrical apparatus like switchgear and circuit breakers, and small transformers.
- Manufacture of other non-metallic mineral products – 9.5% growth, led by cement (all types), cement clinkers, and polished or unpolished marble slabs.
Use-Based Classification Trends
The IIP indices by use-based classification for July 2025 were:
- Primary Goods – 147.6 (declined by 1.7%)
- Capital Goods – 119.7 (up by 5.0%)
- Intermediate Goods – 174.1 (up by 5.8%)
- Infrastructure/Construction Goods – 201.0 (up by 11.9%)
- Consumer Durables – 136.3 (up by 7.7%)
- Consumer Non-Durables – 147.8 (up by 0.5%)
Infrastructure and construction goods led growth, followed by intermediate goods and consumer durables. Primary goods saw a slight decline, reflecting challenges in raw material extraction and supply.
Data Revisions and Response Rates
Final revisions for June 2025 were made alongside the Quick Estimates for July 2025. These calculations were based on weighted response rates of 89.5% for July and 93.1% for June, indicating robust data collection but also room for updates as more data arrives.
Monthly Industrial Trends
The monthly indices over the past 13 months show fluctuating trends in various sectors and industries. Notably, manufacturing and electricity sectors have shown steady improvement, while mining has faced a downward trend. This reflects structural shifts and external factors affecting resource extraction.
Upcoming Releases
The IIP for August 2025 is scheduled for release on 29th September 2025. Continuous monitoring of these indices helps policymakers and analysts gauge industrial health and plan economic strategies accordingly.
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