Industrial production up 7.8 per cent in June 2009
12 Aug 2009
The index of industrial production (IIP) in the country rose 7.8 per cent in June this year compared to the level in June 2008. Cumulative growth for the April-June 2009-10 period stood at 3.7 per cent as compared to the corresponding period of the pervious year.
The index of industrial production (with base 1993-94 = 100) stood at 290.2 in June this year as per quick estimates released by the Central Statistical Organisation (CSO).
The production indices for the mining, manufacturing and electricity sectors rose to 183.3, 311.5, and 234.4, respectively, with corresponding growth rates of 15.4 per cent, 7.3 per cent and 8.0 per cent, as compared to the level in June 2008.
Cumulative growth during fiscal first quarter (April-June 2009-10) over the corresponding period of 2008-09 in the three sectors have been 7.3 per cent, 3.2 per cent and 6.0 per cent, respectively, which moved the overall growth in the general index to 3.7 per cent.
As many as 12 out of the 17 industry groups have shown positive growth during June 2009 compared with figures for the corresponding month of the previous year.
The industry group 'other manufacturing industries' showed the highest growth of 32.4 per cent, followed by wood and wood products 26.3 per cent, furniture and fixtures and paper & paper products and printing, publishing & allied industries showing 13.2 per cent growth.