Industrial production growth perks up slightly to 5.2% in January

The manufacturing sector's output grew 3.7 per cent in January 2023 from 1.9 per cent a year ago

India's industrial production growth perked up slightly to 5.2 per cent in January from 4.7 per cent in December 2022, mainly due to good performance of the power, mining and manufacturing sectors, according to official data released on Friday.

There was an improvement on an annual as well as sequential basis. The factory output growth measured in terms of the Index of Industrial Production (IIP) stood at two per cent in January 2022.

As per the IIP data released by the National Statistical Office (NSO), the manufacturing sector's output grew 3.7 per cent in January 2023 from 1.9 per cent a year