Core sector output growth slowed to 4.6% in January

Core sector output growth slowed to 4.6% in January 2025 from 4.8% in December 2024, according to commerce ministry data.

Cement output increased the most to 14.5%. Barring crude oil and natural gas, where output fell by 1.1% and 1.5% respectively, other sectors registered growth. The electricity sector registered a growth rate of 1.3% in January from 6.2% a month ago. The eight core sectors contribute 40.27% to the Index of Industrial Production, which measures overall industrial growth. The performance of core sectors in the reporting month was largely on account of base effects, said Bank of Baroda chief economist Madan Sabnavis.