Industrial growth slowed to 3.6 per cent in February, 2011, compared to 15.1 per cent expansion last year. The slowdown is mainly due to poor performance of manufacturing and mining sectors. However, overall 15 out of 17 industry groups achieved positive growth in the second month of 2011. The capital goods sector contracted by 18.4 per cent in the month under review. The sector had posted a robust growth of 46.7 per cent in February, 2010. Overall consumer goods reported a rise of 11.1 per cent as against 6.3 per cent during the period. Intermediate goods, mining growth and Electricity generation output also fell in February, 2011 compared to last year.
News On AIR | April 11, 2011 1:11 PM
Industrial output growth slows to 3.6 per cent in February <br/>