India's industrial production up 6.8 per cent in July

Industrial production in the country grew 6.8 per cent in July this year on an year-on-year basis compared to 6.4 per cent in the corresponding period of the previous fianancial year.

The general index of industrial production (base 1993-94=100) for July 2009 stood at 289.7, as per quick estimates provided by the Central Statistical Organisation.

Cumulative growth of industrial production for the period April-July 2009-10 stood at 4.6 per cent over the corresponding period of the pervious year.

The indices for the mining, manufacturing and electricity sectors for July 2009 stood at 177.4, 311.5, and 235.4 respectively, with the corresponding growth rates of 9.9 per cent, 6.8 per cent and 4.2 per cent.

Cumulative growth during April-July 2009-10 over the corresponding period of 2008-09 in the three sectors have been 7.5 per cent, 4.3 per cent and 5.6 per cent, respectively, which moved the overall growth in the general index to 4.6 per cent.

In terms of industries, as many as 15 out of the 17 industry groups have shown positive growth during the July 2009 compared to the corresponding month of the previous year. The industry group 'wool, silk and man-made fibre textiles' have shown the highest growth of 30.4 per cent, followed by 15.2 per cent in 'leather and leather goods and fur products' and 12.7 per cent in 'rubber, plastic, petroleum and coal products'. On the other hand, the industry group 'jute and other vegetable fibre textiles (except cotton)' have shown a negative growth of (-) 23.9 per cent followed by (-)0.4 per cent in 'cotton textiles'.