India's industrial output moves up by over 8 pct
New Delhi,Jan 12 (IBNS): India's factory output moved up by over 8 percent in Novemberfrom 1.99 per cent in October, official government data released on Friday said.
It stood at 5.1 per cent during the corresponding period of 2016-17, read the official data released.
"The General Index for the month of November 2017 stands at 125.6, which is 8.4 percent higher as compared to the level in the month of November 2016. The cumulative growth for the period April-November 2017 over the corresponding period of the previous year stands at 3.2 percent," read a government statement.
"The Indices of IndustrialProductionfor the Mining, ManufacturingandElectricity sectors for the month of November 2017standat107.4, 127.5 and 140.1 respectively, with the correspondinggrowthrates of 1.1 percent, 10.2 percent and 3.9 percent as compared to November 2016 (Statement I). The cumulative growth in these three sectors during April-November 2017 over the corresponding period of 2016has been 3.0 percent, 3.1 percent and 5.2 percent respectively," it said.
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