Industrial growth rate in January stood at 4.8 percent due to boom in manufacturing and power sectors.

Industrial growth rate in January stood at 4.8 percent due to boom in manufacturing and power sectors.

New Delhi, March 2 (IANS). The Ministry of Statistics and Program Implementation (MOSPI) on Monday said the Index of Industrial Production (IIP) registered a growth of 4.8 per cent on a year-on-year basis in January. This growth was mainly due to 4.8 percent growth in the manufacturing sector and 5.1 percent growth in the power sector.

The quick estimate of the index of industrial production stands at 169.4 in January 2025 as against 161.6.

In January 2026, the indices for mining, manufacturing and power sectors stood at 157.2, 167.2 and 212.1 respectively.

Under the manufacturing sector, 14 out of 23 industry groups at the two-digit level of “NIC 2” (National Industrial Classification 2) recorded positive growth in January 2026.

The three industry groups that contributed the most in January 2026 were manufacture of basic metals (13.2 percent), manufacture of motor vehicles, trailers and semi-trailers (10.9 percent) and manufacture of other non-metallic mineral products (9.9 percent).

According to use-based classification, in January 2026, the index of primary goods was 167.9, that of capital goods was 124.4, that of intermediate goods was 182.8 and that of infrastructure and construction goods was 227.7.

Similarly, the index of consumer durable goods was recorded at 138.2 and that of consumer non-durable goods was recorded at 160.7.

Earlier, India’s industrial production had increased by 7.8 percent in December 2025, which was the highest level in more than two years. The growth was driven by broad-based strength in the manufacturing, mining and power sectors.

This was the second consecutive month that the index of industrial production recorded strong annual growth. Earlier in November 2025 there was an increase of 7.2 percent.

A growth of 8.1 percent was recorded in the manufacturing sector in December. 16 out of 23 industry groups had shown positive growth that month. The top three contributors included basic metals manufacturing, motor vehicles, pharmaceuticals and chemicals industries.

–IANS

DBP/

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