The IIP of India probably grew 4.3% in March 2025, driven by manufacturing and mining, but global uncertainties represent risks. | Photo credit: Istockphoto
The Indian Production Index of India (IIP) probably grew 4.3 percent year -on -year (interannual) in March 2025, improving 2.9 percent in February, according to a report from the Union Bank of India.
. He said: “The growth of the IIP probably increased to 4.3 percent year -on -year in March 25, from 2.9 percent in the previous month and 5.5 percent in Mar’24, due to the capture in manufacturing and mining.” However, growth in March was still less than 5.5 percent registered in the same month last year. The report warned that in the future, industrial growth could be under pressure due to the increase in world uncertainties.
According to the report, an important reason for the expected deceleration is the recent increase in global commercial tensions. In April, the United States imposed steep reciprocal tariff walks, the highest since World War II, which has led to uncertainty in global trade. The report estimated that around 30-35 percent of India’s IIP is linked to exports, and this sector is likely to be affected until there is more clarity about the future of global trade. Due to continuous uncertainty, companies can delay investment decisions, and consumer spending, especially in non -sensing goods, can also be affected.
The report also added that the future growth in industrial production will depend on the global commercial situation, especially the result of tariff negotiations. These Will Influence Key Areas Such Manufacturing, Export Performance, and Private Investments.the Report Noted That Capital Good Production Likely Slowed In March 2025 Because of A High Base From Last Year, When it Grew 7 Per Cent in Marchate and Intermediate Per Cent in Marchate and Intermediate Per Cent in March Intermediate per cent in marchate and intermediate per cent in marchate and intermediate per cent in marchate and intermediate per cent in Marchate in marchate and intermediate percent in March in March and intermediate percent in March in March and intermediate percent of infrastructure or goods related to construction probably improve the month of the month.
This was backed by Highher government spending at the end of the financial year, which led to a strong increase from month to month in the production of cement and steel by 13.8 percent and 8.6 percent, respectively. In general, although the results of March are expected to show better growth in industrial production, the risks remain due to global factors.
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Posted on April 26, 2025