India’s growth rate of the index of industrial production (IIP) for September this year was 4 per cent, according to quick estimates released by the National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation. The figure remains unchanged from quick estimates of August 2025.

The IIP stood at 152.8 compared to 146.9 in September 2024.

India’s growth rate of the index of industrial production (IIP) for September was 4 per cent, according to quick estimates by the National Statistics Office.
The figure remains unchanged from quick estimates of August 2025.
The IIP stood at 152.8 compared to 146.9 in September 2024.
The IIP growth rate for manufacturing in the month was 4.8 per cent, while the IIP for the sector was 154.3.

The IIP growth rate for manufacturing in the month was 4.8 per cent, while the IIP for the sector was 154.3.

Within the manufacturing sector, 13 out of 23 industry groups at National Industrial Classification (NIC) 2 digit-level have recorded a year-on-year (YoY) positive growth in September.

The indices stood at 143.3 for primary goods, 122 for capital goods, 169.4 for intermediate goods and 197.6 for infrastructure/construction goods for September, a ministry release said.

Further, the indices for consumer durables and non-durables stood at 146.5 and 141.5 respectively.

Fibre2Fashion News Desk (DS)

Union Minister of Commerce and Industry Piyush Goyal recently visited Brussels to advance the ongoing India-EU Free Trade Agreement (FTA) negotiations. During the visit, he held constructive and forward-looking discussions with Maros Sefcovic, European Commissioner for Trade and Economic Security, and his team to address outstanding negotiation issues and provide strategic direction for the conclusion of a balanced and mutually beneficial FTA.

Both sides reaffirmed their shared commitment to conclude the India-EU FTA by the end of 2025, following the clear direction from Prime Minister Narendra Modi and President of the European Commission Ursula von der Leyen during the College of Commissioners’ visit to New Delhi in February 2025. The engagement focused on achieving a mutually beneficial, balanced and equitable trade agreement, reflecting the depth of political trust and the strategic ties between India and the European Union, and at the same time respecting each other’s sensitivities and priorities. 

Union Minister Piyush Goyal visited Brussels to advance India-EU FTA negotiations, holding productive talks with EU Commissioner Maros Sefcovic on outstanding issues.
Both sides reaffirmed their aim to conclude a balanced, mutually beneficial FTA by end-2025, addressing tariff, non-tariff, and regulatory concerns.
An EU technical team will visit India next week to build on the progress achieved.

India recognises the importance of ensuring that the FTA remains balanced in addressing both tariff and non-tariff barriers and creating transparent and predictable regulatory frameworks that accelerate trade for both partners in the coming years, the Ministry of Commerce and Industry said in a press release.

There was intensive engagement to explore possible landing zones on the outstanding issues. There was also a good discussion on India’s concerns on non-tariff measures and the new EU regulations. During the negotiations, Goyal emphasised the need for preferential treatment for India’s key asks, particularly those with respect to labour-intensive sectors. Both sides agreed to work closely to finalise the non-sensitive industrial tariff lines. They also agreed that issues related to steel, auto, CBAM, and other EU regulations still require further discussion, as these issues have higher sensitivities.

India looks forward to working closely with the European Union to transform this vision into reality through shared innovation, balanced, equitable, and meaningful trade, and a collective commitment to peace and prosperity. To advance the ongoing discussions, the EU technical team led by the director general for trade will visit India next week with the objective of achieving a constructive conclusion based on the potential solutions identified over the past two days, the release added.

Fibre2Fashion News Desk (RR)

Swarovski’s traveling exhibition “Masters of Light” made its U.S. debut on Wednesday, at the Amoeba Music venue in Los Angeles.

Running until November 3, the exhibition celebrates the Austrian luxury house’s 130th anniversary and its heritage of creativity, craftsmanship, and cultural influence.

Curated by British fashion journalist and critic Alexander Fury, and presented under the creative direction of Swarovski global creative director Giovanna Engelbert, the latest chapter, Masters of Light — Hollywood, explores Swarovski’s deep ties to the entertainment industry and its role in shaping some of the most memorable moments in cinema and fashion history.

“We are delighted to bring the Masters of Light exhibition to Los Angeles as part of our 130 Years of Joy anniversary celebration,” said Alexis Nasard, Swarovski CEO.

“As the global epicenter of the music and film industry, this is the ideal setting to honor our intimate connection to Hollywood and our role in its most iconic moments. Swarovski continues to be a key protagonist in pop culture through the sparkle of our various activities and are proud to celebrate our legacy through this.”

Among the standout displays is the original gown worn by Marilyn Monroe when she famously sang “Happy Birthday” to U.S. President John F. Kennedy.

The exhibition also features the Pop Icons chamber, showcasing crystal-embellished outfits worn by performers including Beyoncé, Madonna, Tina Turner, and Lady Gaga.

Another section, Silver Screen Style, highlights Swarovski’s longstanding collaborations with Hollywood costume designers and filmmakers, while Mathemagical delves into the brand’s savoir-faire in crystal making and jewelry design, spotlighting couture pieces created by Engelbert for the Met Gala.

Adding a contemporary twist, Engelbert expands Swarovski’s narrative to include modern pop culture through displays of its iconic crystal figurines from Disney princesses to Marvel superheroes, and introduces a limited-edition collaboration with Erewhon, featuring exclusive products available during the exhibition.

“Since I joined as global creative director in 2020, my goal has been to spotlight this link between Swarovski and pop culture, fashion, stage, and screen,” explained Engelbert.

“It has been a dream working on this US premiere in the heart of Hollywood. There is no better location to showcase the stories and iconic pieces that have made us a staple of pop culture for 130 years and counting.”