Mumbai, May 29 -- The Index of Industrial Production (IIP), which measures factory output, grew at 2.7% in the month of April, slightly lower than the 3.9% growth in March. The loss in growth momentum of the IIP was broad based with all three components of the index, mining, manufacturing and electricity growing at a slower pace in April compared to the previous month. IIP data was released by the National Statistical Office on Wednesday. Manufacturing, which has a share of more than three fourth in the IIP grew at 3.4% in April compared to 4% in March. Mining saw a small contraction of 0.2% in April over 1.2% growth in March and Electricity generation saw a sharp slowdown in growth from 7.5% to 1.1% between March and April 2025. The soften...