Industrial output rises 4.8 per cent in Sept

Written by:
Subscribe to Oneindia News

New Delhi, Nov 12 (UNI) The country's industrial output in September grew at 4.8 per cent from 1.3 per cent in August, according to Index of Industrial Production (IIP) figures released here today.

However, the manufacturing growth in the month dropped to 4.8 per cent, compared to 7.45 per cent during the same period last year.

During the said period, growth of industrial production for the Mining and Electricity sectors stood at 5.7 per cent and 4.4 per cent respectively.

The cumulative growth in the first half of the current fiscal (April-September) in Mining, Manufacturing and Electricity sectors stood at 3.8 per cent, 5.2 per cent and 2.5 per cent respectively, which moved the overall growth in the General Index to 4.9 per cent.

In September, Capital Goods segment grew at 18.8 per cent, while consumer durables and consumer non-durables recorded growth of 13.1 per cent and 2.8 per cent respectively.

Out of 17 industry groups, nine showed positive growth during the month, compared to the corresponding period previous year.

The industry group 'Transport Equipment and Parts' have shown the highest growth of 16.8 per cent, followed by 16.1 per cent in 'Machinery and Equipment other than Transport Equipment' and 12.8 per cent in 'Metal Products and Parts, except Machinery and Equipment'.

However, the industry group 'Wood and Wood Products: Furniture and Fixtures' have shown a negative growth of 9.7 per cent, followed by 9.3 per cent in 'Cotton Textiles' and 8.6 per cent in 'Leather and Leather&Fur Products'.


Please Wait while comments are loading...