January 12, 2018 8:58 PM

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India's factory production in November rises by 8%

Industrial production growth rose to 8 point 4 per cent in November 2017 on the back of robust performance of manufacturing and capital goods sectors.The factory output, measured in terms of Index of Industrial Production (IIP) grew 5.1 per cent in November 2016. <br/><br/>According to data released by Ministry of Statistics and Programme Implementation,Manufacturing sector, which constitutes 77.63 per cent of the IIP, recorded an impressive growth of 10.2 per cent in November as compared to 4 per cent a year ago.However, the growth of mining sector production was 1.1 per cent and Electricity generation growth was 3.9 per cent in November. <br/><br/>Among the sectors, pharmaceuticals clocked the highest growth of 39.5 per cent, followed by 29.1 per cent in computer, electronic and optical products and 22.6 per cent in the automobile segment.In terms of industries, 15 of the 23 industry groups in the manufacturing sector have shown positive growth during November 2017 as compared to the same month a year ago.

January 12, 2018 8:58 PM

printer

India's factory production in November rises by 8%

Industrial production growth rose to 8.4 per cent in November 2017 on the back of robust performance of manufacturing and capital goods sectors.The factory output, measured in terms of Index of Industrial Production (IIP) grew 5.1 per cent in November 2016. <br/><br/>According to data released by Ministry of Statistics and Programme Implementation,Manufacturing sector, which constitutes 77.63 per cent of the IIP, recorded an impressive growth of 10.2 per cent in November as compared to 4 per cent a year ago.However, the growth of mining sector production was 1.1 per cent and Electricity generation growth was 3.9 per cent in November. <br/><br/>Among the sectors, pharmaceuticals clocked the highest growth of 39.5 per cent, followed by 29.1 per cent in computer, electronic and optical products and 22.6 per cent in the automobile segment.In terms of industries, 15 of the 23 industry groups in the manufacturing sector have shown positive growth during November 2017 as compared to the same month a year ago.

January 12, 2018 8:47 PM

printer

India's factory production in November rises by 8%

Industrial production growth rose to 8.4 per cent in November 2017 on the back of robust performance of manufacturing and capital goods sectors.The factory output, measured in terms of Index of Industrial Production (IIP) grew 5.1 per cent in November 2016. According to data released by Ministry of Statistics and Programme Implementation,Manufacturing sector, which constitutes 77.63 per cent of the IIP, recorded an impressive growth of 10.2 per cent in November as compared to 4 per cent a year ago.However, the growth of mining sector production was 1.1 per cent and Electricity generation growth was 3.9 per cent in November. Among the sectors, pharmaceuticals clocked the highest growth of 39.5 per cent, followed by 29.1 per cent in computer, electronic and optical products and 22.6 per cent in the automobile segment.In terms of industries, 15 of the 23 industry groups in the manufacturing sector have shown positive growth during November 2017 as compared to the same month a year ago.

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