2 months ago
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India’s concern enactment slowed to a three-month debased of 4.8% successful January 2026, dragged down by a broad-based slowdown crossed manufacturing, mining, electricity, and consumer-facing sectors, authoritative information showed.
Growth successful the Index of Industrial Production (IIP) slowed from a 26-month precocious of 7.8% successful December 2025, which was aboriginal revised upwards to 8%.
“The moderation from 7.8% successful December 2025 reflects a sequential cooling, though the underlying breadth remains reasonable,” Vikrant Chaturvedi, Associate Director - Research astatine Brickwork Ratings, said.
Within the index, the manufacturing assemblage saw maturation dilatory to 4.8% successful January 2026 from 8.4% successful December 2025 and 5.8% successful January 2025. The mining assemblage saw maturation dilatory to 4.3% successful January 2026, aft accelerating successful the erstwhile 2 months.
The energy sector, too, saw maturation slowing to 5.1% successful January 2026, down from 6.9% successful December 2025. This was, however, faster than the 2.4% maturation seen successful the aforesaid period of past year.
The superior goods assemblage continued decelerating, with maturation coming successful astatine 4.3% successful January 2026, the 2nd consecutive period of slowing growth. Growth had been 10.1% 2 months earlier.
The lone wide assemblage successful the IIP to amusement accelerating maturation was infrastructure, which quickened to 13.7% successful January 2026, the highest since August 2023.
The user durables goods assemblage saw maturation dilatory to 6.3% successful January 2026, down sharply from the 12.4% successful December 2025. The user non-durables assemblage contracted 2.7% successful January 2026, down from a maturation of 8.5% successful the erstwhile month.
