New Delhi, April 28 -- India's industrial output growth, measured by the Index of Industrial Production (IIP), slowed to a five-month low of 4.1 per cent in March 2026 from 5.2 per cent in February, according to official quick estimates released by the Ministry of Statistics and Programme Implementation (MoSPI) on Tuesday.

Mining, manufacturing and electricity sectors grew by 5.5 per cent, 4.3 per cent and 0.8 per cent, respectively. The overall IIP index rose to 173.2, up from 166.3 in March 2025.

Aditi Nayar, Chief Economist (Head - Research & Outreach) at ICRA Limited, said that while IIP growth expectedly eased in March 2026 relative to February, touching a five-month low of 4.1 per cent, it was significantly higher than ICRA's expe...