India’s industrial activity gathered strong momentum in November 2025, with the Index of Industrial Production (IIP) registering a year-on-year growth of 6.7 percent, according to official data released by the Ministry of Statistics and Programme Implementation (MoSPI).
Manufacturing Sector Leads Growth
Manufacturing output, which carries the highest weight in the IIP, expanded by a robust 8.0 percent in November 2025. Out of 23 industry groups at the two-digit level of the National Industrial Classification, 20 recorded positive growth during the month.
The strongest contributions came from the manufacture of basic metals, pharmaceuticals and motor vehicles. Basic metals grew by 10.2 percent, supported by strong output of steel products such as MS slabs and alloy steel flats.
Pharma and Auto Sectors Show Strong Momentum
The pharmaceuticals sector registered a growth of 10.5 percent, driven by higher production of digestive enzymes, vaccines for veterinary use and anti-psychotic drugs. This performance underscores India’s continued strength in the pharmaceutical manufacturing space.
Automobile manufacturing also remained buoyant, with output of motor vehicles, trailers and semi-trailers rising by 11.9 percent. Increased production of passenger cars, commercial vehicles and auto components contributed significantly to the sector’s growth.
Mining Recovers After Monsoon
The mining sector recorded a growth of 5.4 percent in November 2025, reflecting a rebound following the end of the monsoon season. Higher extraction of metallic minerals, particularly iron ore, supported the recovery.
In contrast, electricity generation declined by 1.5 percent during the month, partly due to base effects and lower demand compared to the previous year.
Use-Based Classification Highlights Infrastructure Push
Data based on use-based classification shows that infrastructure and construction goods were the largest contributors to industrial growth. The index for infrastructure and construction goods rose by 12.1 percent in November 2025.
Capital goods output increased by 10.4 percent, indicating improved investment activity. Intermediate goods and consumer non-durables grew by 7.3 percent each, while consumer durables expanded by 10.3 percent.
IIP Levels and Revisions
The overall IIP stood at 158.0 in November 2025, compared to 148.1 in the corresponding month of the previous year. Manufacturing, mining and electricity indices stood at 158.8, 141.0 and 181.3 respectively.
MoSPI clarified that the November figures are quick estimates and will be revised as more data becomes available. At the same time, the IIP for October 2025 has undergone final revision based on updated inputs from source agencies.
Outlook
The strong IIP performance in November points to improving industrial momentum amid sustained government spending on infrastructure and steady domestic demand. Analysts believe continued strength in manufacturing and capital goods could support economic growth in the coming quarters.
