%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(34).png "India’s Index of Industrial Production (IIP) Records 5.0% Growth in January 2025")
Highlights sector-wise performance:
a) 4.2%
b) 5.0%
c) 3.5%
d) 6.1%
- Manufacturing Sector: This sector led the growth with 5.5%, driven by increased production in basic metals, petroleum products, and chemical goods. Out of 23 manufacturing industries, 19 showed positive growth, reflecting strong domestic demand and improved operational efficiency.
- Mining Sector: Mining output grew by 4.4%, supported by higher extraction volumes and advancements in mining technology.
- Electricity Sector: Growth in electricity generation was modest at 2.4%, ensuring stable energy supplies for industrial operations.
- The recovery in industrial production is attributed to favorable macroeconomic conditions, improved inventory management, and rising domestic demand.
- The IIP serves as a critical indicator of India's industrial health, reflecting the economy's resilience and potential for sustained growth.
Question:
Q.1 What was the growth rate of India's Index of Industrial Production (IIP) in January 2025?a) 4.2%
b) 5.0%
c) 3.5%
d) 6.1%
Answer: b) The IIP growth for January 2025 was reported at 5.0%, showing a recovery from 3.5% in December 2024.
