Index Of Industrial Production

Coal sector records 10.2% growth rate among eight key infra sectors in May

The coal sector has registered a growth of 10.2 per cent among all eight core industries of the economy in May, the government said on Thursday. The index of coal industry has reached 184.7 points during May as compared to 167.6 points during the same month last year. "The coal sector has demonstrated highest growth of 10.2 per cent (provisional), following the electricity industry among the eight core industries for the month of May, 2024 as per the Index of Eight Core Industries (ICI)) (Base Year 2011-12) released by Ministry of Commerce & Industries," the coal ministry said in a statement. The driving force behind growth can be attributed to a considerable rise in coal production during May. This increase in production underscores the sector's capacity to meet growing demand of energy and manufacturing industries. The exceptional expansion of the coal sector, coupled with its substantial role in propelling the overall growth of the eight core industries, stands as evidence of .

FY25 GDP growth may come close to 7.5%: NCAER's Monthly Economic Review

Growth projections have been upgraded by various other agencies as well, with the median projection at 6.9 per cent

Slowdown in mining output drags IIP growth to 4.9% in March: Govt data

The IIP had grown by 1.9 per cent in March 2023

IIP growth slows marginally to 4.9% in March; grows 5.8% in FY24

India's industrial production grew 4.9 per cent in March this year, according to official data released on Friday. The factory output measured in terms of the Index of Industrial Production (IIP) witnessed a growth of 1.9 per cent in March 2023. India's Index of Industrial Production grew by 4.9 per cent in March 2024, an official statement said. The data released by the National Statistical Office (NSO) showed that the manufacturing sector's output grew 5.2 per cent in March 2024 against 1.5 per cent in the year-ago month. In March this year, mining production rose 1.2 per cent, and power output increased 8.6 per cent. The IIP grew 5.8 per cent during fiscal year 2023-24 compared to a 5.2 per cent expansion in the preceding fiscal.

March retail inflation eases to 10-mth low of 4.85%; IIP grows 5.7% in Feb

But remains well above RBI's 4 per cent target

CPI-based inflation eases to 5.09% in Feb; Jan IIP growth at 3.8%

Food and beverage recorded an inflation of 8.66 per cent vs 8.3 per cent in January 2024

January retail inflation eases to 5.1%; December IIP growth at 3.8%

Food and beverage recorded an inflation of 8.3 per cent in January 2024, compared to 8.70 per cent the previous month

Retail inflation at four-month-high of 5.69% in December, Nov IIP at 2.4%

Retail inflation: The jump in inflation was due to a rise in food prices as food inflation came in at 9.53 per cent in December

IIP growth slows down to 3-month low of 5.8% in September: NSO data

The growth in manufacturing output decelerated to 4.5 per cent, whereas output in electricity and mining accelerated to 9.9 per cent and 11.5 per cent respectively from last month

India's industrial production growth decelerates to 5.8% in September

The factory output growth measured in terms of the Index of Industrial Production (IIP) had grown by 3.3 per cent in September 2022

CPI-based inflation eases to 5.02% in Sep; Aug IIP growth zooms to 10.3%

Food inflation fell to 6.56 per cent in September against 9.67 per cent in August

Aug retail inflation eases to 6.83%; IIP growth for July comes at 5.7%

Rural inflation was on the higher side at 7.02 per cent, compared to urban inflation at 6.59 per cent in August

Industrial production rises 3.7% in June against 5.3% in May: NSO data

The data released by the National Statistical Office (NSO) showed that the manufacturing sector's output increased by 3.1 per cent in June 2023

CPI-based inflation rose to 4.81%, food inflation to 4.49% in June

The IIP growth rate for the month of May came at 5.2%, according to the government release

Retail inflation eases to 4.25% in May; April IIP rises 4.2% vs 1.1% in Mar

It was for the second month in a row that retail inflation remained within the RBI's comfort zone of below six per cent

Demand for machine tools on rise in many sectors: Industry official

The demand for machine tools has been increasing among many industries including aerospace, defence, infrastructure, railways, and power, industry officials said here on Wednesday. There has been a strong rebound in domestic production with annual growth rates, as per the index of industrial production (IIP) becoming positive in FY2021-22 after showing a negative growth due to the covid-19 outbreak. The production in the industry has seen an estimated 40 per cent year-on-year growth in FY2021-22 while consumption recorded a 30 per cent rise in the same period. Senior leaders of the industry led by Ambattur Industrial Estate Manufacturers Association (AIEMA) President T Nalangilli, ACMEE Chairman K Sai Sathya Kumar, ACMEE convenor P S Ramesh were here to announce the 15th edition of ACMEE 2023 scheduled to be held between June 15 to 19 in Chennai. ACMEE stands for -- Automobile and Ancillaries, Consultancy and Services, Machinery and Machine Tools, Electrical and Electronics, Energy

India's industrial production rises 5.6% in February vs 5.2% in January

Factory output measured in terms of the Index of Industrial Production (IIP) grew 1.2 per cent in February 2022

Manufacturing output in IIP still shows weakness as headline numbers grow

One reason for decline is muted domestic demand, particularly in rural areas due to high inflation

India's GDP growth forecast at 7% in FY23 and 6% for FY24: Acuite Ratings

Credit rating agency Acuite Ratings & Research on Monday reiterated its forecast of Indian gross domestic product (GDP) growth at 7 per cent for FY23.

India's industrial production growth recovers to 5.2% in January

Infrastructure goods and capital goods grew at a robust 8.1 per cent and 10.95 per cent, respectively