The Ministry of Statistics and Programme Implementation (MoSPI) released the Quick Estimates of Index of Industrial Production (IIP) for January 2025 on March 12, 2025. The data indicates a significant improvement in industrial growth, with the IIP expanding by 5.0% in January 2025, compared to 3.2% in December 2024. The manufacturing sector contributed the most to this growth, followed by mining and electricity.
Key Highlights of IIP for January 2025
Overall Growth
- IIP growth for January 2025: 5.0%, compared to 3.2% in December 2024.
- The Quick Estimate of IIP stands at 161.3, up from 153.6 in January 2024.
Sector-wise Performance
- Mining: 4.4% growth (Index: 150.7).
- Manufacturing: 5.5% growth (Index: 159.1).
- Electricity: 2.4% growth (Index: 201.9).
Industry-wise Performance (Manufacturing Sector – NIC 2-digit level)
- 19 out of 23 industries showed positive growth in January 2025.
Top three contributors
- Manufacture of Basic Metals: 6.3% growth.
- Manufacture of Coke & Refined Petroleum Products: 8.5% growth.
- Manufacture of Electrical Equipment: 21.7% growth.
Key Items Driving Growth
- Basic Metals: Flat products of alloy steel, pipes and tubes of steel, MS blooms/billets/ingots.
- Coke & Refined Petroleum Products: Diesel, petrol/motor spirit, LPG.
- Electrical Equipment: Transformers (small), end-facing connectors for optical fibers, electric heaters.
Use-based Classification (Index Values & Growth Rates)
- Primary Goods: 162.8, growth of 5.5%.
- Capital Goods: 116.8, growth of 7.8%.
- Intermediate Goods: 172.3, growth of 5.2%.
- Infrastructure/Construction Goods: 199.6, growth of 7.0%.
- Consumer Durables: 130.2, growth of 7.2%.
- Consumer Non-Durables: 164.5, (-0.2%) decline.
Top Three Contributors to IIP Growth (Use-based Classification)
- Primary Goods
- Infrastructure/Construction Goods
- Intermediate Goods
Data Revision Policy
- January 2025 data is Quick Estimate.
- December 2024 data underwent first revision.
- October 2024 data underwent final revision.
Weighted Response Rates
- January 2025: 90%
- December 2024: 94%
- October 2024: 96%
| Summary/Static | Details |
| Why in the news? | India’s Index of Industrial Production (IIP) Records 5.0% Growth in January 2025 |
| Overall IIP Growth | 5.0% (161.3 index) |
| Mining Sector | 4.4% growth (150.7 index) |
| Manufacturing Sector | 5.5% growth (159.1 index) |
| Electricity Sector | 2.4% growth (201.9 index) |
| Top Growing Industries | Basic Metals (6.3%), Coke & Petroleum (8.5%), Electrical Equipment (21.7%) |
| Primary Goods | 5.5% growth (162.8 index) |
| Capital Goods | 7.8% growth (116.8 index) |
| Intermediate Goods | 5.2% growth (172.3 index) |
| Infrastructure/Construction | 7.0% growth (199.6 index) |
| Consumer Durables | 7.2% growth (130.2 index) |
| Consumer Non-Durables | (-0.2%) decline (164.5 index) |
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