Industrial production contracts 1.6% in January

March 12, 2021 06:01 pm | Updated 06:01 pm IST - New Delhi

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