PTI New Delhi

India's industrial production growth slowed to a nine-month low of 1.2% in May 2025 due to poor performance of manufacturing, mining and power sectors caused by the early onset of Monsoon, according to official data released on Monday.

The factory output, measured in terms of the Index of Industrial Production (IIP), had expanded by 6.3% in May 2024. The National Statistics Office also revised downward the industrial production growth for April to 2.6% from the earlier estimate of 2.7% released last month. The previous low was observed in August 2024 when IIP remained unchanged.

The NSO data showed that the manufacturing sector's output growth decelerated to 2.6% in May 2025 from 5.1% in the year-ago month. Mining production contracted by 0.1% against a growth of 6.6% a year ago. Power production declined by 5.8% in May 2025 against 13.7% growth in the year-ago period. During the April-May period of FY26, industrial production grew by 1.8% compared to 5.7% a year ago.

Aditi Nayar Chief Economist, Head - Research & Outreach, ICRA said, "The early onset of the monsoon doused activity in mining and the demand for electricity, with both these sub-sectors of the IIP reporting a contraction in May 2025, amidst an anaemic growth of manufacturing.