India’s Index of Industrial Production (IIP) Records 5.0% Growth in January 2025

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)
Shivam

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