In December, factory output, measured in terms of the Index of Industrial Production (IIP) had dropped by 0.6 percent which registered a contraction for the third straight month.
Last month witnessed a gain in factory output by 0.1 percent from 2.5 percent in the corresponding period of last year.
Industry body FICCI's president Siddhartha Birla in a statement said, "We however hope that the clearance of nearly 130 large projects, many of which are in sectors like metals and minerals, by PMG may yield results in next few months.”
Mining sector output in January increased by 0.7 percent. In the corresponding period of last year, it was at a deceleration of 1.8 percent. Like this, electricity sector output rose by 6.5 per cent in January from 6.4 per cent of 2013 January.
But, manufacturing sector's performance declined by 0.7 per cent in the month under review from an increase of 2.7 per cent in January 2013.
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