IIP grows steady on the back of growth in mining, capital goods, infrastructure and construction goods: PHDCCI
The Index of Industrial Production (IIP) recorded a growth of 1.2 % in May 2025, marking steady growth of India’s industrial sector, said Mr. Hemant Jain, President, PHDCCI, in a press statement issued here today.
City Air News
Jun 30, 2025 08:04
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The Index of Industrial Production (IIP) recorded a growth of 1.2 % in May 2025, marking steady growth of India’s industrial sector, said Hemant Jain, President, PHDCCI, in a press statement issued here today.
This level of IIP was supported by the Mining, capital goods, infrastructure and construction goods, primary goods and consumer non-durables, said Jain.
Strong growth in Infrastructure and construction goods from 4.7% in April 2025 to 6.3% in May 2025 is lending a supporting hand to the steady growth of India's IIP, he added.
Given the strong government policy environment, the industrial sector is expected to continue on its robust development trajectory in the future, bolstering India towards becoming a global manufacturing hub, said Jain
