The industrial production index in Nizhny Novgorod Region reached 103.8% for January-February 2025

The industrial production index in Nizhny Novgorod Region reached 103.8% for January-February 2025, with the manufacturing sector at 105.8%.

Growth was recorded across multiple industries: machinery and equipment production increased by 45.5%, computers, electronic and optical products by 39.2%, furniture by 26.9%, fabricated metal products by 22.2%, pharmaceuticals by 20.5%, coke and petroleum products by 19.3%, vehicles and equipment by 12.5%, apparel by 12.4%, other finished goods by 11.3%, and textiles by 11.2%.

"In the first two months of 2025, industrial shipments totaled approximately 346 billion rubles. This represents a 6.3% increase compared to the same period last year. Manufacturing enterprises showed 6.7% growth, shipping products worth over 308 billion rubles," said Maxim Cherkasov, Minister of Industry, Trade and Entrepreneurship of Nizhny Novgorod Region.

The minister added that government support through national projects and preferential financing is helping businesses improve their performance.

Businesses can learn about all federal and regional support measures at the "My Business" Center (мойбизнес52.рф), which operates under the "Small and Medium Entrepreneurship" federal project of the "Efficient and Competitive Economy" national project. The center runs a "My Business" hotline (8 (800) 301-29-94, toll-free) where all necessary information can be obtained.

The "Efficient and Competitive Economy" national project, initiated by Russian President Vladimir Putin, will become the main tool for forming a new growth model. It includes federal projects aimed at developing small and medium-sized businesses, increasing labor productivity, boosting investment activity, promoting low-carbon development, and improving the state statistics and forecasting system.