Mumbai, March 8, 2025 – Union Bank of India estimates that India’s industrial production growth for January 2025 will rise to 3.7%, up from 3.2% in December 2024. This growth aligns with the 4.6% year-on-year increase in infrastructure output, supported by strong performance in cement and refined petroleum sectors.
The official Index of Industrial Production (IIP) data for January will be released on March 12, 2025. If the projections hold, it would signal strengthening industrial activity and increased manufacturing output. Analysts will monitor the data to gauge the sustainability of this upward trend.
