The Government of India is strengthening its statistical methodologies and global indices tracking to better monitor economic, governance, and industrial performance. The Ministry of Statistics and Programme Implementation compiles key indicators such as Gross Domestic Product (GDP), monthly Consumer Price Index (CPI), and Index of Industrial Production (IIP) following internationally…
Tag: #IndustrialGrowth
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India IIP Growth Slows to 0.4% in October 2025
India’s Industrial Growth Moderates in October The Quick Estimate of India’s Index of Industrial Production (IIP) for October 2025 reveals a modest growth of 0.4%, down from 4.0% in September. This slowdown is largely attributed to fewer working days during key festivals including Dussehra, Diwali, and Chhath. Sector-Wise Performance The…
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NPG Reviews Key Rail Projects under PM GatiShakti Plan
The 103rd meeting of the Network Planning Group (NPG) was held today to evaluate major infrastructure projects under the PM GatiShakti National Master Plan (PMGS NMP). The meeting focused on improving multimodal connectivity, logistics efficiency, and the socio-economic impact of strategic rail corridors. Railway Projects Evaluated During the session, NPG…
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J&K to Launch First Limestone Block Auction on Nov 24
The Union Territory of Jammu & Kashmir is set to mark a major milestone in its industrial growth as it prepares to launch the first-ever auction of limestone mineral blocks on November 24, 2025. The roadshow and formal launch event will take place in Jammu, led by Union Minister of…
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MOIL Records Highest October Manganese Ore Output Ever
MOIL, India’s leading manganese ore producer, achieved its highest-ever October production since inception, recording 1.60 lakh tonnes in October 2025. This represents a 9.1% increase compared to the corresponding period last year (CPLY), reflecting the company’s ongoing operational efficiency and strategic growth initiatives. During the first seven months of FY’26,…
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Manufacturing Drives India’s 4% Growth in Sept
India’s Index of Industrial Production (IIP) registered a steady 4.0% year-on-year growth in September 2025, according to the latest data released by the Ministry of Statistics and Programme Implementation (MOSPI). The growth was largely driven by a robust performance in the manufacturing sector, which recorded a 4.8% expansion, while mining…
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Eight Core Industries Index Rises 3% in September 2025
The combined Index of Eight Core Industries (ICI) registered a 3.0% growth in September 2025, compared to the same month last year, signaling a positive trend in India’s industrial sector. Sectors including Steel, Cement, Electricity, and Fertilizers were key contributors to this growth. The ICI tracks production performance across eight…
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Top 10 Oil Consuming Countries 2025: India Ranks 3rd
The global demand for oil continues to rise in 2025, with the United States, China, and India leading as the largest consumers. These countries collectively drive industrial growth, transportation, and energy consumption worldwide. United States: Leading Oil Consumer The United States tops the list, consuming nearly 20.01 million barrels of…
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GST Reforms Boost Jharkhand’s Industry Agriculture & Tourism
Jharkhand, a mineral-rich and industrially vibrant state in eastern India, is poised for a significant economic boost following the recent GST reforms. By reducing tax rates across key sectors such as steel, iron, agriculture, forest products, and tourism, the reforms aim to lower costs, enhance affordability, and stimulate growth in…
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HSN Guidebook Released to Boost Make in India & Trade
Union Minister of Commerce and Industry, Shri Piyush Goyal, released the Guidebook on Mapping of Harmonized System of Nomenclature (HSN) Codes on 20th September 2025 in New Delhi. Prepared by the Department for Promotion of Industry and Internal Trade (DPIIT), the Guidebook allocates 12,167 HSN Codes to 31 Ministries and…