New Delhi: Showing signs of recovery, industrial production grew at three-month high of 2.5 percent in September, mainly on account of better mining and manufacturing output and larger offtake of capital goods.
The factory output, as measured by the Index of Industrial Production (IIP), grew at 2.7 percent in the same month last year.
For August, it was revised to 0.48 percent from the provisional estimates of 0.42 percent released last month, according to the data released by the Central Statistics Office Wednesday.
The industrial production expansion was 4.3 percent in June and 0.4 percent in July this year.
During the April-September period, IIP rose by 2.8 percent, as against 0.5 percent in same period in the previous fiscal.
Manufacturing output, which constitutes over 75 percent of the index, grew by 2.5 percent in September, compared to 1.4 percent in the same month a year ago.
For April-September, the sector saw an output growth of 2 percent, compared to 0.2 percent in the year-ago period.
The mining sector production grew by 0.7 percent in September as against of 3.6 percent a year ago.
During April-September, the growth was by 2.1 percent as against a contraction of 2.5 percent in the same period last fiscal.
The production of capital goods, a barometer of demand, grew by 11.6 percent in September, against 6.6 percent decline in same month of last year.
During April-September period, the output of capital goods grew by 5.8 percent as against a dip in production by 0.6 percent.
Overall, 15 of the 22 industry groups in manufacturing showed positive growth in September.
According to government data, power generation grew by 3.9 percent in September compared to 12.9 percent in the same month last year.
During April-September period, electricity production was up by 10.4 percent compared to 5.9 percent in the same period last fiscal.
However the consumer goods output contracted by 4 percent in September as against 1 percent growth logged a year ago.
For April-September, the segment showed a contraction of 4.6 percent, compared to a decline of 1.2 percent in the same period of 2013-14.
The consumer durables production declined by 11.3 percent in September, as against a dip of 10.6 percent a year ago.
For April-September, it declined 12.6 percent as against a dip of 11.1 percent in the six month period of last fiscal.
Consumer non-durable goods output grew by 1.5 percent in September compared to 12 percent growth in same month last year.
During April-September, the segment grew by 1.3 percent compared to 7.6 percent growth in same period last fiscal.
The intermediate goods' output grew by 1.8 percent in September compared to 4.4 percent growth in the same month last year. The basic goods production too grew by 5.1 percent in the month under review compared to 6.7 percent growth in same month last fiscal.
