Zee Media Bureau
New Delhi: Slowing from February`s three-month high of 5.0 percent, India's IIP figures posted 2.1 percent growth in March , government data showed on Tuesday.
The cumulative growth for the period April-March 2014-15 over the corresponding period of the previous year stands at 2.8 percent.
The manufacturing sector, which constitutes 75 percent of the index of industrial production, grew by 2.2 percent, government data showed.
The Indices of Industrial Production for the Mining and Electricity sectors for the month of March stood at 0.9 percent and 2.0 percent respectively.
Raising hopes of investment cycle uptick, industrial growth jumped to nine-month high of 5 percent in February on better performance of manufacturing sector and higher offtake of consumer as well as capital goods.
