India's industrial production records 5% growth in January 2025
13 Mar 2025
Industrial production in India, based on the Index of Industrial Production (IIP) stood higher at 5.0 per cent in January 2025 against 3.2 per cent in December 2024, quick estimates released on Wednesday showed.
The growth rates of the three main industry sectors, such as mining, manufacturing and electricity in January 2025 stood at 4.4 per cent, 5.5 per cent and 2.4 per cent, respectively.
Within the manufacturing sector, 19 out of the 23 industry groups recorded year-on-year growth in January 2025 with the most contributions coming from basic metals (6.3 per cent), coke and refined petroleum products (8.5 per cent) and electrical equipment (21.7 per cent).
Within sectors classified on the use base, primary goods production increased by 5.5 per cent in January 2025 while capital goods production increased by 7.8 per cent, intermediate goods production by 5.2 per cent and infrastructure/construction goods production by 7.0 per cent,
The three sectors - primary goods, infrastructure/ construction goods and intermediate goods - also contributed the most to the growth of IIP in January 2025.
Production of consumer durables recorded a growth of 7.2 per cent while consumer non-durables production declined by 9.2 per cent in January 2025.
The IIP numbers for December 2024 have undergone the first revision while those for October 2024 have undergone final revision on the basis of updated data.
