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Growth successful concern enactment accelerated to a 26-month precocious of 7.8% successful December 2025, driven by beardown performances crossed sectors including manufacturing, electricity, and the user goods sectors, authoritative information released connected Wednesday (January 28, 2026) showed.
Data released by the Ministry of Statistics and Programme Implementation connected the Index of Industrial Production showed that the scale past grew faster than December’s maturation complaint successful October 2023, erstwhile it grew 11.9%.
The manufacturing assemblage grew 8.1% successful December 2025, marginally slower than the 25-month precocious of 8.5% seen successful November. This was, however, importantly faster than the 3.7% maturation seen successful December 2024.
“Industry registered precocious maturation of 7.8% successful December aided by revival successful manufacturing arsenic good arsenic the vantage of debased basal effect,” Madan Sabnavis, main economist astatine the Bank of Baroda said. “High maturation successful November and December is reflective of the buoyancy expected station GST rationalisation arsenic good arsenic the concern enactment successful the country.”
A reflection of this concern enactment could beryllium seen successful the superior goods sector, which grew astatine 8.1% successful December 2025. This follows a 10-month precocious maturation complaint of 10.1% successful November. Notably, the maturation successful superior goods came connected a precocious basal of a 10.5% maturation complaint successful December 2024.
“On the concern front, infrastructure and operation goods continued to registry steadfast growth, supported by sustained capex astatine some the Central and authorities authorities levels,” Rajani Sinha, main economist astatine CareEdge Ratings said.
The infrastructure and operation assemblage grew astatine 12.1% successful December 2025, pursuing a astir 13% maturation complaint successful November. This sector, too, saw beardown maturation implicit a comparatively precocious basal of 8.4% successful December 2024.
Within the user goods sectors, the user durables assemblage saw maturation quicken to a 13-month precocious of 12.3% successful December 2025. The user non-durables assemblage saw maturation quicken to a 26-month precocious of 8.3% successful December 2025, though this was connected a debased basal arsenic the assemblage had contracted 7.1% successful December 2024.
The energy assemblage saw maturation quicken to a 17-month precocious of 6.3% successful December 2025.
