India’s Industrial Production for January recorded at 4.8% led by Manufacturing sector

As per the data released by the Ministry of Statistics & Programme Implementation (MoSPI), the Quick Estimates of IIP stands at 169.4 against 161.6 in January 2025.

India’s Industrial Production for January recorded at 4.8% led by Manufacturing sector

File Photo: IANS

The Index of Industrial Production (IIP) growth rate for the month of January 2026 is 4.8% which was 7.8% in the month of December 2025. The growth was supported by 4.8% growth in the Manufacturing Sector and 5.1% growth in the Electricity Sector.

As per the data released by the Ministry of Statistics & Programme Implementation (MoSPI), the Quick Estimates of IIP stands at 169.4 against 161.6 in January 2025.

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The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of January 2026 stand at 157.2, 167.2 and 212.1 respectively.

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The top three positive contributors for the month of January 2026 are Manufacture of basic metals (13.2%), Manufacture of motor vehicles, trailers and semi-trailers (10.9%) and Manufacture of other non-metallic mineral products (9.9%).

The corresponding growth rates of IIP as per use-based classification in January 2026 over January 2025 are 3.1% in Primary goods, 4.3% in Capital goods, 6% in Intermediate goods, 13.7% in Infrastructure/ Construction Goods, 6.3% in Consumer durables and (-)2.7% in Consumer non-durables.

As per the survey released by S&P Global, India’s manufacturing sector expanded at its fastest pace in four months in February, supported by robust domestic demand, though export growth moderated sharply.

The HSBC India Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, rose to 56.9 in February from 55.4 in January. While the reading was slightly below the preliminary estimate of 57.5, it remained well above the 50-mark that separates expansion from contraction.

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