Growth in India’s industrial production decelerated to a 9 month low of 1.2% YoY in May-25 from 2.6% in Apr-25.
Download ReportQuantEco Research | May-25 IIP - At a 9-month low
Growth in India’s industrial production decelerated to a 9 month low of 1.2% YoY in May-25 from 2.6% in Apr-25. On the use-based front, the slowdown was pervasive. The sectoral classification continues to highlight the investment-consumption divide. Going forward, the interplay of geoeconomic and geopolitical uncertainties would determine the trajectory of India’s industrial production. While the global developments present a somber outlook, there’s an emergence of a silver lining on the domestic front. Lagged impact of the ongoing monetary and credit easing, a seasonal kicker from a surplus monsoon, and a one-time income tax relief provided in the FY26 Union Budget should mitigate some of the global risks.