India’s industrial output grows 3% in March, FY 2024-25 growth at 4%, lowest in four years

India’s industrial output experienced a slowdown, growing by 3% in March 2025, lower than the previous year’s 5.5%. This decline was attributed to weaker performances in manufacturing, mining, and power sectors. The IIP expanded by 4% for fiscal year 2024-25, marking the lowest growth rate in four years.