Dragged down by poor performance of the manufacturing and mining sectors, the country's industrial growth slowed to 3.6 per cent in February 2011, compared to 15.1 per cent expansion in the year-ago period. According to Official data released today, Manufacturing growth in February 2011 plunged to 3.5 per cent. The capital goods sector contracted by 18.4 per cent, while mining growth plummeted to 0.6 per cent. The industrial output expanded 7.8 per cent, year-on-year, during the April to February period of the 2010-11 fiscal.
News On AIR | April 11, 2011 6:49 PM
Indian industrial growth slows to 3.6% in February