Factory output measured in terms of the Index of Industrial Production (IIP) grew 2 per cent in January 2022.
The manufacturing sector’s output increased 3.7 per cent in January 2023, the data released by the National Statistical Office (NSO) showed.
Mining output rose 8.8 per cent during the month under review compared to 3 per cent in January 2022.
Power generation also surged 12.7 per cent in January 2023 against 0.9 per cent in the year-ago month.
As per use-based classification, the capital goods segment recorded a growth of 11 per cent in January against a growth of 1.8 per cent in the corresponding month of the last fiscal.
Consumer durables output declined by 7.5 per cent compared to a contraction of 4.4 per cent a year ago.Consumer non-durable goods output expanded by 6.2 per cent against a growth of 3.1 per cent earlier.
Infrastructure/construction goods too posted a growth of 8.1 per cent compared to a 5.9 per cent expansion in the same month of 2022.
The data also showed that the output of primary goods logged 9.6 per cent growth in the month against 1.6 per cent in the year-ago period.
The intermediate goods output growth decelerated to 0.1 per cent from 2.5 per cent earlier.
For the first 10 months of the current fiscal (April-January), the growth in IIP works out to be 5.4 per cent, down from 13.7 per cent in the year-ago period.
Inputs from PTI