India's industrial production picks up in January, grows 5%

India's industrial output, measured by the Index of Industrial Production (IIP) grew by 5.0 per cent in January, from 3.5 per cent in December 2024, data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Wednesday showed.

The data released by the National Statistical Office (NSO) showed that the manufacturing sector's output grew 5.5 per cent in January as against 3.6 per cent in the year-ago period.

Mining production grew just 4.4 per cent when compared to 6 per cent in January 2024 and power output increased only 2.4 per cent in the said month.


Industrial output increased by 4.2 per cent in the April-January period, compared to 6 per cent a year ago.

According to use-based classification, the capital goods segment grew by 7.8 per cent in January, while it expanded by 3.2 per cent in the same month of last year.

The output of consumer durables grew by 7.2 per cent during January compared to a growth of 11.6 per cent in 2024. The output of non-durable consumer goods decreased by 0.2 per cent after rising by 0.3 per cent in January 2024.

Goods related to infrastructure and construction saw a marginal growth of 7.0 per cent in January 2025, against a 5.5 per cent expansion YoY.

The data also revealed that, in comparison to the same period last year, the output of primary goods increased by 5.5 per cent in January 2025 as against 2.9 per cent.

The core sector makes up 40.27 per cent of the IIP, making it a lead indicator of industrial activity.