Industry

Industrial production contracts 1.6% in January

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

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

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

The IIP had grown by 2.2% in January 2020.


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Printable version | Jun 13, 2021 2:01:19 PM | https://www.thehindu.com/business/Industry/industrial-production-contracts-16-in-january/article34053082.ece

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