India’s industrial output rose 4.1% in March, the slowest in five months, driven by weakness in electricity and a dip in manufacturing. Economists point to the Iran conflict for disruptions that lift supply pressures and costs. Even so, growth beat forecasts. Capital goods demand stayed strong, while government spending helped sustain infrastructure growth.
September IIP points to a softer industrial pulse, with manufactures—over 77% of the index—contracting by 3.9%. The sharpest drag came from automobiles, where motor vehicles, trailers and semi-trailers fell 14.9% year-on-year, pulling down broader output despite other components.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
