IANS | 12 Mar, 2024
India’s industrial production clocked a 3.8 per cent growth in
January, according to data released by the Ministry of Statistics on
Tuesday.
The overall industrial growth for April-January 2023-24
works out to 5.9 per cent, as compared to 5.5 per cent growth recorded
in the same period of 2022-23.
At 3.8 per cent, the industrial
growth figures for January are the same as the provisional figures for
December 2023 released earlier.
However, the number for December
was revised upwards on Tuesday to 4.2 per cent, as more data came in
since the figures were announced last month.
The manufacturing
output, which accounts for more than three-fourths of the Index of
Industrial Production (IIP) recorded a 3.2 per cent growth during
January, while electricity generation grew at a higher 5.6 per cent as
compared to the provisional figures of 1.2 per cent in December.
The mining sector output recorded a growth of 5.1 per cent during the month under review.
