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India’s industrial production grew 3.8 per cent in January 2024, according to official data released on Tuesday. Factory output measured in terms of the Index of Industrial Production (IIP) witnessed a growth of 5.8 per cent in January 2023. The data released the National Statistical Office (NSO) showed that the manufacturing sector’s output grew 3.2 per cent in January 2024, down from 4.5 per cent in the year-ago month.