West Asia crisis to impact near-term IIP growth
after close1 source ↓written by the desknot a recommendation
- in leather
- 4.6% contraction
The ongoing West Asia crisis is expected to adversely affect the index of industrial production (IIP) growth, as reported by Icra. Key sectors are facing supply chain disruptions, notably a 4.6% contraction in leather and related products in March 2026 compared to the previous year. This situation may hinder manufacturing output in the near term.
The transition to the new IIP series next month adds urgency to monitor these developments, as rising input costs and availability issues could further strain industrial performance.
Not investment advice. For informational purposes only.