West Asia crisis to impact near-term IIP growth
Icra reports that the West Asia crisis will adversely impact near-term IIP growth, with leather output contracting by 4.6% in March 2026 compared to a 0.8% increase in March 2025. Supply chain disruptions are a key factor in this slowdown.
after close1 source ↓written by the desknot a recommendation
- in leather
- 4.6% contraction
- in March 2025
- 0.8% increase
The ongoing West Asia crisis is set to negatively affect the index of industrial production (IIP) growth, according to Icra. Disruptions in supply chains have led to a 4.6% contraction in leather and related products output in March 2026, compared to a 0.8% increase in March 2025. This trend indicates potential challenges for the manufacturing sector ahead.
Not investment advice. For informational purposes only.