Quote on IIP from Mr. Mahendra Patil, Founder and Managing Partner, MP Financial Advisory Services LLP

Below the Quote on IIP from Mr. Mahendra Patil, Founder and Managing Partner, MP Financial Advisory Services LLP
“The FY2025 IIP growth of 4%, though lower than the 5.9% recorded in FY2024, reflects a stable industrial performance amid broader economic normalization. March 2025 IIP remained steady at 3%, supported by stable core sector activity. Strong growth in net direct taxes (13.57%) and GST collections (9.44%) underscores the resilience of the formal sector and services-driven momentum. While industrial growth has moderated, the broader economy remains robust, albeit slightly softer than the previous year. Stable core sectors, resilient tax revenues, and benign inflation provide a supportive backdrop for sustained growth into FY2026. With inflation under control, the RBI has further headroom to maintain an accommodative stance, provided external volatilities do not escalate significantly”.
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