India's Industrial Growth Hits Two-Year Peak: What You Need to Know

India's industrial production has reached a remarkable growth rate of 6.7% in November 2025, the highest in two years. This surge is primarily driven by strong performances in the manufacturing and mining sectors. The National Statistics Office has also revised previous figures, indicating a dynamic shift in the industrial landscape. However, power production has seen a decline. This article delves into the details of these developments and their implications for the economy.

By Narendra Chaudhary Dec 29, 2025, 16:43 IST

Significant Growth in Industrial Production

New Delhi: India's industrial output surged to a remarkable 6.7% in November, marking the highest growth rate in two years, as reported by official statistics released on Monday. This increase is attributed to robust performances in both the mining and manufacturing sectors.

In comparison, the Index of Industrial Production (IIP) had recorded a growth of 5% in November 2024.

The previous peak was noted at 11.9% in November 2023.

The National Statistics Office (NSO) has adjusted the industrial production growth for October 2025 to 0.5%, up from the earlier estimate of 0.4% provided last month.

According to the NSO data, the manufacturing sector experienced an 8% increase in output for November 2025, compared to 5.5% in the same month last year. Meanwhile, mining production saw a rise of 5.4%, contrasting with a growth of 1.9% recorded a year earlier.

However, power production faced a decline of 1.5% in November 2025, in stark contrast to a 4.4% increase during the same period last year.

For the April-November period of FY26, industrial production growth in the country slowed down by 3.3%, compared to a growth of 4.1% during the same timeframe last year.