Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
19 August, 2018 00:28 IST
Industrial production lowers to 7.1% in December'17
Source: IRIS | 13 Feb, 2018, 10.57AM
Comments  |  Post Comment

Industrial production, as represented by Index of Industrial Production (IIP) for the month of December 2017 stands at 130.3, which is lower than 8.8 percent in November 2017. However, the index is higher as compared to the level in the month of December 2016. The cumulative growth for the period April-December 2017 over the corresponding period of the previous year stands at 3.7 percent.

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of December 2017stand at 115.5, 131.6 and 143.9 respectively, with the corresponding growth rates of 1.2 percent, 8.4 percent and 4.4 percent as compared to December 2016.

In terms of industries, sixteen out of the twenty three industry groups (as per 2-digit NIC-2008) in the manufacturing sector have shown positive growth during the month of December 2017 as compared to the corresponding month of the previous year.

Asper Use-based classification, the growth rates in December 2017over December 2016 are 3.7 percent in Primarygoods, 16.4 percent in Capital goods, 6.2 percent in Intermediate goods and 6.7 percent in Infrastructure/ Construction Goods.



Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Sensex ends 284 points higher; Nifty settles at 11,470-level - 17-Aug-2018 15:58
Ion Exchange secures EPC contract worth Rs 4.38 bn - 17-Aug-2018 11:35
IL&FS Transportation Networks to receive Rs 430 mn from Ramky Infra - 17-Aug-2018 11:32
Ashok Leyland wins overseas order for 300 double decker buses - 17-Aug-2018 09:51
Sensex gains over 250 points; Nifty trades at 11,445 - 17-Aug-2018 09:46
India's GDP expected to grow at 7.4% in FY19: Survey - 16-Aug-2018 16:02
Sensex ends 188 points lower; Nifty settles at 11,385-level - 16-Aug-2018 15:55
NBCC secures work order worth Rs 2.50 bn from SAIL - 16-Aug-2018 15:35
MCX inks MoU with Indian Bullion and Jewellers Association - 16-Aug-2018 15:31
Alfa Transformers bags order worth Rs 171.1 mn from Uttar Gujarat Vij Co - 16-Aug-2018 12:25
Pritika Auto Industries achieves highest ever monthly production volume in July 2018 - 16-Aug-2018 12:22
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer