NEW DELHI, April 11 (Xinhua) -- India's factory activity growth, determined by the Index of Industrial Production (IIP), slowed down to 2.9 percent in February, the government data showed Friday.
"The IIP growth rate for the month of February 2025 is 2.9 percent, which was 5.0 percent (quick estimate) in the month of January 2025," reads the data issued by the federal Ministry of Statistics and Programme Implementation (MoSPI).
"The growth rates of the three sectors, mining, manufacturing and electricity for the month of February 2025 are 1.6 percent, 2.9 percent and 3.6 percent, respectively."
According to the ministry, the quick estimates of IIP stand at 151.3 in the month against 147.1 in February 2024.
"The indices of IIP for the mining, manufacturing and electricity sectors for the month of February 2025 stand at 141.9, 148.6 and 194.0, respectively," MoSPI said.
The data revealed that within the manufacturing sector, the top three positive contributors for the month of February 2025 are manufacture of basic metals (5.8 percent), manufacture of motor vehicles, trailers and semi-trailers (8.9 percent), and manufacture of other non-metallic mineral products (8.0 percent). Enditem
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