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<h1>Industrial output growth slowed to 0.4% in October 2025 amid declines in power, mining and weaker manufacturing.</h1> Industrial production growth slowed to 0.4% in October 2025, led by a 1.8% manufacturing deceleration, a 1.8% contraction in mining and a 6.9% decline in power; the NSO revised September 2025 IIP to 4.6% (from 4.0%), and cumulative April-October FY26 industrial growth eased to 2.7% from 4.0% year on year.