New Delhi, March 3 -- India's Index of Industrial Production (IIP) recorded a 4.8 per cent year-on-year growth in January 2026 following a now revised 7.8 per cent growth recorded in December 2025, according to data released by the Ministry of Statistics and Programme Implementation.

The industrial growth was supported by a 4.8 per cent rise in manufacturing and a 5.1 per cent increase in electricity output. Mining output expanded by 4.3 per cent during the month.

The Quick Estimate of the IIP stood at 169.4 in January 2026, compared to 161.6 in January 2025.

Manufacturing Drives Growth

Within manufacturing, 14 of the 23 two-digit NIC industry groups recorded positive growth. The leading contributors were manufacture of basic metals (...