India's Index of Industrial Production Rises 4.8% in January, Slowing from December
Summary
India's Index of Industrial Production grew 4.8% in January, driven by gains in manufacturing and electricity sectors, though growth slowed from December's 7.8%.
Key Points
- India's Index of Industrial Production increased by 4.8% in January year-over-year.
- Manufacturing sector growth was 4.8% and electricity sector growth was 5.1% in January.
- January's growth rate of 4.8% was lower than December's 7.8%.
- Key contributors to growth included basic metals (13.2%), motor vehicles (10.9%), and non-metallic mineral products (9.9%).
