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21 July, 2018 23:06 IST
Industrial production rises to 7.5% in January 2018
Source: IRIS | 13 Mar, 2018, 08.38AM
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Industrial production, as represented by Index of Industrial Production (IIP) for the month of January 2018 stands at 132.3, which is 7.5 percent higher as compared to the level in the month of January 2017. The cumulative growth for the period April-January 2017-18 over the corresponding period of the previous year stands at 4.1 percent.

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of January 2018 stand at 114.5, 133.8 and 149.5 respectively, with the corresponding growth rates of 0.1 percent, 8.7 percent and 7.6 percent as compared to January 2017.

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 January 2018 as compared to the corresponding month of the previous year.

Asper Use-based classification, the growth rates in January 2018overJanuary 2017 are 5.8 percent in Primary goods, 14.6 percent in Capital goods, 4.9 percent in Intermediate goods and 6.8 percent in Infrastructure/ Construction Goods.

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