Manufacturing shines, mining becomes strong! IIP growth fastest in two years

iip data

The month of November 2025 brought relief news for India’s industrial sector. According to the latest data released by the government, the country’s industrial production (IIP) increased by 6.7 percent in November. This growth is the highest level in the last two years. In the same month last year, an increase of 5 percent was recorded in industrial production.

The biggest reason for this strength in industrial production was the better performance of the manufacturing and mining sectors. In November, the production of the manufacturing sector increased by 8 percent on an annual basis. This shows that work in factories increased and there was improvement in demand.

The mining sector also gained good momentum. Production in this sector increased by 5.4 percent, which is much better than last year. After the end of monsoon, mining activities intensified and this sector got special benefit due to increase in the production of metal minerals like iron ore.

Electricity sector increased concern

While manufacturing and mining supported the economy, power generation performed disappointingly. A decline of 1.5 percent was recorded in electricity production in November. In the same period last year, a good increase was seen in electricity production. According to experts, weather and demand related reasons had an impact on this sector.

Strength was clearly visible in IIP index also

According to the data, the Index of Industrial Production (IIP) increased to 158.0 in November 2025, whereas it was 148.1 in the same month a year ago. It is clear from this that there has been a solid improvement in industrial activities on an annual basis. The picture within the manufacturing sector was also quite positive. Growth was recorded in 20 out of 23 industry groups. Sectors like basic metals, pharmaceutical products and motor vehicles contributed the most. Apart from this, infrastructure, construction related goods, intermediate goods and daily use items also strengthened IIP growth.

According to the government, this improvement in industrial activities can support economic growth in the coming months. Industrial production figures for December 2025 will be released on January 28, 2026, on which the market and industry will keep a special eye.

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