Report by Engineering Post
The industrial sector on the whole had rebounded in FY 2025, posted a growth of 4.77 percent after remaining in the negative territory during the previous year FY 2024.This recovery was by improvements in the key sub-sectors, despite continued weaknesses in some areas.
Mining and quarrying had declined by 3.38 percent, mainly due to the contractions in crude oil (-14.72%) and natural gas (-7.05 %) production.
However, coal production registered a modest growth of 2.84 percent during the period under report.
Manufacturing remained in the positive territory, with the support of gains in small-scale manufacturing and slaughtering, despite a contraction in Large Scale manufacturing (LSM). The LSM, based on the Quantum Index of Manufacturing (QIM) declined by 1.53 percent during FY 2025 compared to a growth of 0.94 percent the previous year.
The slowdown reflected mixed performance across the key industries.. Declines were observed in chemicals (-5.5 %), iron and steel (-10.94 %), electrical equipment (-15.89%), and fabricated metal products (-17.16%), while strong growth was recorded in automobiles (40.00%), wearing apparel (7.6%), textiles (2.15 %), and petroleum products (4.48 %) as per information available from the official sources concerned.
