Mint Quick Edit | Industrial growth: a modest start

Copyright © HT Digital Streams Limit all rights reserved. Mint Redaction 1 Min Min Read May 29, 2025, 07:00 AM IT In general, the mounting lines of Indian factories still appear to roll too slowly. In summary data for April of India’s index of industrial production, do not provide much cause for cheering. Cheaper credit can only help on the margin, although relief from global trade uncertainty can help the factory sector. With the latest industrial production data, the economy of India did not have a good start of the new financial year. The growth in output, as measured by the index of industrial production, delayed in April to 2.7% on the basis of a year before, from 3.9% in March. The mining output fell last month, while electricity generation grew by only 1.1%. What retained total production was the manufacture, which caused production to rise by 3.4%. Also read: Time to imagine the Indian manufacturing off the ground, the capital goods segment fared better, with the production rising 20.3% in April, even if it was on a low statistical basis. In general, the mounting lines of Indian factories seem to roll too slowly. Economic conditions were broadly favorable, with moderation in inflation that makes room for the central bank to reduce loan costs. Also read: RBI’s policy review: Why this time is really different, but then the story of the supply side is not everything there is. There is also question, which must strengthen. This year’s budget contains a consumption stimulus for taxpayers, which can make a difference in the score. Also read: Trump’s trade agenda: on US work or global supremacy? What the Indian industrial activity really would help boost is relief from uncertainty about world trade. For India to emerge as a global manufacturing center, this is an important factor. Catch all the business news, market news, news reports and latest news updates on Live Mint. Download the Mint News app to get daily market updates. More Topics #Indic Economics #ManuMake #Industrial Growth Read Next Story