New Delhi, March 2 India's industrial production growth slowed to a three-month low of 4.8 per cent in January, driven by weak performance in the manufacturing and mining sectors, according to official data released on Monday.
Factory output, measured by the Index of Industrial Production (IIP), increased by 5.2 per cent in January 2025.
The previous low was observed in October 2025 at 0.5 per cent. The IIP growth was 7.2 per cent in November 2025, according to an official statement.
The National Statistics Office (NSO) revised the industrial production growth for December 2025 to 8 per cent from the provisional estimate of 7.8 per cent released in January 2026.
The NSO data also showed that the manufacturing sector's output growth slowed to 4.8 per cent in January 2025, compared to 5.8 per cent in the previous month.
Mining production growth also slowed slightly to 4.3 per cent compared to 4.4 per cent recorded a year ago.
Power generation grew by 5.1 per cent in January 2025, compared to 2.4 per cent expansion in the previous period.
During the April-January period of FY26, the country's industrial production growth also slowed slightly to 4 per cent, compared to 4.2 per cent in the same period a year ago.
The corresponding growth rates of IIP based on use-based classification in January 2026 over January 2025 are 3.1 per cent for primary goods, 4.3 per cent for capital goods, 6.0 per cent for intermediate goods, 13.7 per cent for infrastructure/construction goods, 6.3 per cent for consumer durables, and -2.7 per cent for consumer non-durables.
Based on use-based classification, the top three positive contributors to the growth of IIP for January 2026 are infrastructure/construction goods, intermediate goods, and primary goods.
Within the manufacturing sector, 14 out of 23 industry groups recorded positive growth in January 2026 compared to January 2025.
The top three positive contributors for January 2026 are: manufacture of basic metals (13.2 per cent), manufacture of motor vehicles, trailers and semi-trailers (10.9 per cent), and manufacture of other non-metallic mineral products (9.9 per cent).
