
India's industrial production saw a significant rebound in November 2025, with the Index of Industrial Production (IIP) growing by 6.7% year-on-year, reaching a two-year high. This surge was primarily driven by an 8% expansion in the manufacturing sector, notably in basic metals, pharmaceuticals, and motor vehicles. Mining output also rebounded with a 5.4% increase, while the electricity sector contracted by 1.5%. This marks a recovery from a slower October and reflects increased investment and consumer demand.