Chennai, Dec. 2 -- Credit rating agencies have emphasized the need to closely monitor consumption trends and external headwinds in light of the slowdown in India's industrial production.
As per the Index of Industrial Production (IIP) data released by the Indian government on Monday, the industrial production slowed sharply to 0.4 percent in October 2025, down from 4 percent in September 2025 and 3.5 percent in October 2024.
Going ahead, domestic consumption trends continue to remain a key factor to monitor. Alongside domestic demand, it will be crucial to monitor external headwinds, which can weigh on the industrial production, credit rating agency CARE Ratings said in a report.
Several policy measures,including reductions in income tax...