Zee Media Bureau
India's industrial output growth rate contracted by 4.2 percent in October, dragged down by a fall in the manufacturing and the capital goods sector.
Industrial production was upwardly revised to 2.8 percent year-on-year in September from 2.5.
The cumulative growth for the period April-October 2014-15 over the corresponding period of the previous year stood at 1.9 percent.
The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of October 2014 recorded at 125.0, 166.4 and 184.2 respectively, with the corresponding growth rates of 5.2 percent, (-) 7.6 percent and 13.3 percent as compared to October 2013.
The cumulative growth in the three sectors during April-October 2014-15 over the corresponding period of 2013-14 has been 2.4 percent, 0.7 percent and 10.7 percent respectively.