Industrial growth rises by 4.9 pc in April

Image
Press Trust of India New Delhi
Last Updated : Jun 12 2018 | 6:00 PM IST

Industrial output expanded by 4.9 per cent in April this year, spurred by higher growth in manufacturing and mining sectors.

The industrial growth, measured on the Index of Industrial Production (IIP), was 3.2 per cent in April last year.

In March this year, industrial production had grown at 4.4 per cent.

As per the data released by the Central Statistics Office (CSO), the manufacturing sector, which constitute more than 77 per cent of the index, recorded a growth of 5.2 per cent in April, up from 2.9 per cent in the year ago month.

The mining sector too expanded by 5.1 per cent, up from 3 per cent in April 2017.

The growth in power generation however slipped to 2.1 per cent in April this year, from 5.4 per cent in the year-ago month.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 12 2018 | 6:00 PM IST

Next Story