India’s industrial production rose 5.2% in January this fiscal, according to official data released on March 10, 2023.
Factory output measured in terms of the Index of Industrial Production (IIP) grew 2% in January 2022.
The data released by the National Statistical Office (NSO) showed that the manufacturing sector’s output increased 3.7% in January 2023.
Mining output rose 8.8% and power generation surged 12.7% during the month under review.