India industrial production slows to 4.1% in March

April 28, 2026 · 4:31 pm IST Source: Business Standard
๐Ÿ“Œ

Key Takeaways

  • The latest Index of Industrial Production (IIP) print marks the weakest expansion since October 2025, when factory output had risen just 0.5 percent.
  • Indias industrial production growth rate for the month of March is 4.1 percent, slower from 5.2 percent in the month of February.
  • The growth rates of the three sectors, Mining, Manufacturing and Electricity for the month of March are 5.5 percent, 4.3 percent and 0.8 percent respectively.
  • The Quick Estimates of IIP stands at 173.2 against 166.3 in March 2025.

Full Report

Indias industrial production growth rate for the month of March is 4.1 percent, slower from 5.2 percent in the month of February. The latest Index of Industrial Production (IIP) print marks the weakest expansion since October 2025, when factory output had risen just 0.5 percent. The growth rates of the three sectors, Mining, Manufacturing and Electricity for the month of March are 5.5 percent, 4.3 percent and 0.8 percent respectively. The Quick Estimates of IIP stands at 173.2 against 166.3 in March 2025. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of March 2026 stand at 166.8, 169.4 and 221.3 respectively.

Originally reported by Business Standard.
๐Ÿ’ก

IPO Cracker Take

This market development has implications for IPO investors tracking upcoming issues. See our IPO calendar and live GMP data for the most recent moves.

โ“

Frequently Asked Questions

Higher rates increase the discount rate used in DCF valuations, typically compressing IPO valuations. Banking and NBFC IPOs benefit from rate cycles in different ways than tech or consumer.

Broader rate outlook matters, but each IPO should still be evaluated on its own financials. Our IPO evaluation framework walks through the key metrics.

Banking, NBFC, housing finance, and real estate are the most rate-sensitive. Consumer staples and utilities are relatively insulated.
0 Comments

No comments yet. Be the first to share your opinion!