India’s industrial production expands 4.9 per cent in April
12 Jun 2018
Industrial production in the country measured by the index of industrial production (IIP) grew 4.9 per cent year-on-year in April, helped by a pick-up in manufacturing, official data released today showed.
The cumulative growth for the period April-March 2017-18 stood at 4.3 per cent.
Manufacturing, which accounts for 78 per cent of industrial output, grew 5.2 per cent in April, up from a 4.7 per cent in March, as domestic demand picked up.
Production in the mining, manufacturing and electricity sectors recorded growth rates of 5.1 per cent, 5.2 per cent and 2.1 per cent, respectively.
The cumulative growth in these three sectors during April-March 2017-18 was 2.3 per cent, 4.5 per cent and 5.4 per cent, respectively.
Sixteen out of the 23 industry groups in the manufacturing sector have shown positive growth during April 2018.
Production in the primary goods sector recorded a growth rate of 3.1 per cent while production in the capital goods sector grew 13.0 per cent, the intermediate goods sector by 1.6 per cent and the infrastructure/ construction goods sector by 7.5 per cent in April
Production of consumer durables and consumer non-durables recorded growth rates of 4.3 per cent and 7.0 per cent, respectively.