March IIP jumps to 7.3% q-o-q

The IIP data for March has been registered at 7.3%. IIP growth slows to 7.8% in 2010-11 fiscal from 10.5% expansion in 2009-10. The finance minister Pranab Mukherjee has said that he had expected the growth to be more than the current growth. The growth is phenomenal considering the February IIP was only 3.6%.

Mining Sector growth at 0.2% vs 12.3% y-o-y

Manufacturing Sector growth at 7.9% vs 16.4% y-o-y

Basic Goods growth at 4.3% vs 10.8% y-o-y

Electricity growth at 7.2% vs 8.3% y-o-y

Consumer Goods growth at 7.7% vs 9.3% y-o-y

Capital Goods growth at 12.9% vs 36% y-o-y