---
title: "India's March industrial output slows to 5‑month low of 4.1% on manufacturing, power drag"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284377808.md"
description: "India's industrial output grew by 4.1% in March, marking the slowest growth in five months, primarily due to weaker manufacturing and power generation. This figure is above economists' expectations of 3.7% but down from a revised 5.1% in February. Manufacturing output rose 4.3%, while electricity generation increased by 0.8%. Mining activity saw a 5.5% rise, and capital goods output surged by 14.6%. Overall, industrial output for the fiscal year was up 4.1%, compared to a 4% increase the previous year."
datetime: "2026-04-28T11:34:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284377808.md)
  - [en](https://longbridge.com/en/news/284377808.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284377808.md)
generator: "portal-rs"
---

# India's March industrial output slows to 5‑month low of 4.1% on manufacturing, power drag

NEW DELHI, April 28 (Reuters) - India's industrial output expanded 4.1% in March, its slowest pace in five ‌months, as softer factory output and weak power ‌generation weighed on growth, government data showed on Tuesday, amid worries over ​the Middle East conflict.

Economists polled by Reuters expected industrial output to grow by 3.7% compared to a revised growth of 5.1% a month earlier. Industrial output growth slowed to ‌0.5% in October last ⁠year.

The March reading is the first after the Iran war broke out following U.S. and ⁠Israeli strikes on February 28, sparking energy shortages in the world's third‑largest crude importer.

KEY NUMBERS

\* Manufacturing output grew 4.3% ​year-on-year in ​March against a revised 5.9% ​growth in February.

\* Electricity ‌generation rose 0.8% year-on-year in March against a 2.3% increase a month earlier.

\* Mining activity increased 5.5% year-on-year in March against a 3.1% rise in February.

\* Output of consumer durables, including cars and phones, grew 5.3% year-on-year in ‌March against a revised 7.1% increase ​a month earlier.

\* Output of ​consumer non-durables, such as ​food items and toiletries, rose 1.1% year-on-year ‌in March against a revised ​0.5% fall in ​the previous month.

\* Capital goods output rose 14.6% year-on-year in March against a revised 12.4% increase in February.

\* ​Industrial output ‌in April-March grew 4.1% as compared to an increase ​of 4% a year earlier.

(Reporting by Sarita Chaganti ​Singh; Editing by Sonia Cheema)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**