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Core sector output rises 4.6% in Jan, lower than December’s 4.8% growth

| @indiablooms | Feb 28, 2025, at 08:18 pm

New Delhi: India’s eight key infrastructure sectors recorded a 4.6% growth in January 2025, up from 4.2% in the same month last year, according to official data released on Friday.

However, this was lower than the 4.8% expansion seen in December 2024.

Crude oil and natural gas production declined year-on-year in January. Coal output increased by 4.6%, steel production by 3.7%, and electricity generation by 1.3%.

These figures were significantly lower than the growth recorded in January 2024, when coal, steel, and electricity output rose by 10.6%, 9.2%, and 5.7%, respectively.

Meanwhile, refinery products, fertiliser, and cement production saw higher growth, rising by 8.3%, 3%, and 14.5%, respectively, during the month.

For the April-January period of the current fiscal year, core sector growth stood at 4.4%, a sharp decline from the 7.8% recorded in the corresponding period of the previous fiscal.

The eight core sectors—coal, crude oil, natural gas, refinery products, fertiliser, steel, cement, and electricity—account for 40.27% of the Index of Industrial Production (IIP), which measures overall industrial growth.

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