The growth in January was aided by a jump in the output of fertilisers, Coal, electricity, steel, natural gas, cement and refinery products, as compared to the corresponding period last year, the data showed.
The country can achieve as high as 50 percent growth in electricity production up to 1.65 trillion units next year, Power Minister Piyush Goyal said on July 7
The production of capital goods, a barometer of demand, however, grew at a slower pace of 11.1 percent in April as against 13.4 percent in the same month last year. In April this year, mining sector too grew at a slower rate.
Sonal Varma, India economist at Nomura Financial Advisory Securities says that though the core sector growth number is weaker than expected, the headline IIP is likely to come with some strength.