Core sector output growth slowed to 4.6% in January

According to the data of the Ministry of Commerce, the core sector output growth slowed down in January 2025 in January 2025.

Cement output increased by 14.5%. Stopping crude oil and natural gas, where production fell 1.1% and 1.5%, respectively, other areas registered. The power sector recorded a growth rate of 6.2% to 1.3% in January in January. Eight main areas contribute 40.27% to the index of industrial production, which measures overall industrial development. Madan Sabnavis, the chief economist of Bank of Baroda, said that the main areas in the reporting month were largely due to base effects.