Mumbai:
Industrial production in India shot up by 12.4 per
cent in July 2006 as against 4.7 per cent in the same
month last year.
During
the first four months of the financial year (April-July
2006-07), the growth, measured by the index of industrial
production (IIP), stood at 10.6 per cent compared to 8.9
per cent in the corresponding period of 2005-06.
Riding
on a whopping rise in manufacturing output, almost all
sectors, including mining and electricity, witnessed substantial
growth in July.
Production
in the manufacturing sector grew by 11.8 per cent as against
9.9 per cent in the same period of the previous year.
Electricity generation grew by 6.1 per cent against 5.5
per cent while mining output rose by four per cent against
2.7 per cent in the
corresponding period last year
Electricity
generation grew by 8.6 per cent against the decline of
0.9 per cent in July last year. Mining production rose
by 6 per cent as against a fall of 1.9 per cent.
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