India's Industrial Production Increases by 5%

  • India's industrial production rose by 5% in January 2025, marking an increase from 3.5% in December 2024, according to the Ministry of Statistics and Programme Implementation (MoSPI) data released on March 12, 2025.

  • This growth represents the highest rate in eight months, driven primarily by a robust performance in the manufacturing sector.

  • Sector-wise growth:

    • Manufacturing: Grew by 5.5%, up from 3.6% year-on-year.

    • Mining: Increased by 4.4%, compared to a higher growth of 6.4% in January 2024.

    • Electricity: Experienced a slowdown, with growth at 2.4%, down from previous months.

  • The overall improvement in industrial output indicates resilience amid global economic challenges, surpassing market expectations which had forecasted a growth of around 3.4%.

  • Notably, the manufacturing of basic metals, coke and refined petroleum products, and electrical equipment were key contributors to this growth.

  • The revised figure for December's industrial output was also adjusted to 3.5% from an earlier estimate of 3.2%

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