Growth Gear Shift: India's Industrial Output Hits 5%

India's manufacturing growth increased to a high 5% in January 2025, fueled by the strong performance of the manufacturing sector, which increased by 5.5%. It is an eight-month high and beats earlier expectations. In spite of a drop in power and mining sectors, manufacturing spearheaded the growth. It is depicted by the Index of Industrial Production (IIP), led by significant contributions from basic metals, coke, and refined petroleum products. Such growth depicts resilience within manufacturing despite global pressures.

 

Source: Moneycontrol, Economic Times, Financial Express.