Industrial production rises 5.2% in January

Industrial production rises 5.2% in January

Business


Photo used for representation purpose only.

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.



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