Steady manufacturing and mining activity boost IIP: PHDCCI

PR No – 77

12th March, 2025

New Delhi

 

Steady manufacturing and mining activity boost IIP: PHDCCI

 

The Index of Industrial Production (IIP) recorded a growth of 5% in January 2025, up from 3.2% in December 2024, underscoring the robust growth of India’s industrial sector, said Mr. Hemant Jain, President of the PHD Chamber of Commerce and Industry, in a press statement issued here today.

Primary goods registered growth at 5.5% in January 2025, followed by consumer non durables at -0.2%, said Mr. Jain.

The steady improvement across key sectors, including mining, and manufacturing, has significantly contributed to the rise in IIP. In January 2025 growth rates for these sectors stood at 4.4% and 5.5%, respectively, compared to 2.7% and 3.4%, in December 2024, he said.

The industrial sector is expected to continue on its robust development trajectory in the future, bolstered by proactive government initiatives and policy assistance, said Mr. Jain

 

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Warm Regards,

Media Division,  PHDCCI