Economy

Industrial production contracts 1.6 per cent in January

PTI New Delhi | Updated on March 12, 2021

India's industrial production contracted by 1.6 per cent in January, official data showed on Friday.

According to the Index of Industrial Production (IIP) data, the manufacturing sector output contracted by 2 per cent in January 2021.

Mining output declined 3.7 per cent, while power generation grew 5.5 per cent in January.

The IIP had grown by 2.2 per cent in January 2020.

Published on March 12, 2021

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