Analysis of IIP Growth by Jahnavi Prabhakar, Economist, BoB

 By: Jahnavi Prabhakar, Economist, BoB. Manufacturing sector made a remarkable recovery and pushed IIP growth higher in Jan’25. Stronger growth from mining sector provided much need support. Within use-based classification, output of primary goods, infrastructure and capital goods registered an uptick in Jan’25 against growth noted in Jan’24. Overall, on a FYTD basis, IIP growth weakened to 4.2% against 6% growth registered last year. Despite…