Industrial production grows at 4.1% in April

The annual industrial output growth accelerated to a two-month high of 4.1 percent in April, according to the government data released on Friday.

Zee Media Bureau

New Delhi: The annual industrial output growth accelerated to a two-month high of 4.1 percent in April against 2.1 percent in the month before, according to the government data released on Friday.

The factory output, measured by the Index of Industrial Production (IIP), was 3.7 per cent in April 2014. Among the six sectoral indices, capital goods expanded by 11.1 percent.

Manufacturing sector output rose 5.1 percent versus 3 percent, year on year. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of April 2015 stand at 123.3, 190.6 and 177.2 respectively, with the corresponding growth rates of 0.6 percent, 5.1 percent and (-) 0.5%percent as compared to April 2014.

The Index of Industrial Production (IIP) figures for the month of March 2015 stood at 2.1 percent as against 4.87 percent in February. The numbers for November 2014, December 2014 and January 2015 were 3.9 percent, 3.2 percent and 2.8percent, respectively.

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