Business EconomyPosted at: Mar 12 2025 5:18PM


Factory output expands at 5 pc in Jan 2025 Vs 4.2 pc in Jan 2024

New Delhi, Mar 12 (UNI) The factory output measured in terms of Index of Industrial Production (IIP) grew at an impressive rate of 5 per cent for the month of January, 2025 year-on-year, versus 4.2 per cent registered in the same month of 2023-24, according to data released by the Government on Wednesday.
The cumulative growth for the April-January period of fiscal year 2024-25, however, fell to 4.2 per cent compared to 6 per cent in the same period of last fiscal 2023-24.
The IIP had grown at 3.5 per cent in the month of December 2024.
The manufacturing sector's output grew 5.5 per cent compared to 3.6 per cent in the previous year, Ministry of Statistics & Programme Implementation said in a statement adding that the Mining production saw a slight decline at 4.4 per cent, while power output rose by 2.4 per cent.
Within the manufacturing sector, 19 out of 23 industry groups have recorded a positive growth in January 2025 over January 2024. The top three positive contributors for the month of January 2025 are – Manufacture of basic metals (6.3 per cent), Manufacture of coke and refined petroleum products (8.5 per cent) and Manufacture of electrical equipment (21.7 per cent).
The data analysis shows that 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 the month under consideration 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 Ministry statement said adding 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.
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Tags: #Factory output expands at 5 pc in Jan 2025 Vs 4.2 pc in Jan 2024
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