India’s industrial output, measured as index of industrial production (IIP), grew to 5.2 per cent in January 2023, up from 4.3 per cent in December 2022, continuing its expansion for the third consecutive month, the data released on March 10 by the Ministry of Statistics and Programme Implementation showed. The figure was expected to edge up as the data of eight core sector industries released on February 28 showed that they had grown by 7.8 per cent in December and accounted for 40 per cent of the industrial output.