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India's October industrial production grows by 9.8%

India's October industrial production grows by 9.8%

India Blooms News Service | | 11 Dec 2015, 07:09 pm
New Delhi, Dec 11 (IBNS): India's industrial production for the month of October grew by 9.8 per cent on an annual basis, read an officials data released on Friday.

"The General Index for the month of October 2015 stands at 181.3, which is 9.8% higher as compared to the level in the month of October 2014," read a statement issued by the Indian government.

"The cumulative growth for the period April-October 2015-16 over the corresponding period of the previous year stands at 4.8%," it said.

"The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of October 2015 stand at 130.0, 188.1 and 201.6 respectively, with the corresponding growth rates of 4.7%, 10.6% and 9.0% as compared to October 2014 (Statement I)," read the statement

The cumulative growth in the three sectors during April-October 2015-16 over the corresponding period of 2014-15 has been 2.0%, 5.1% and 5.2% respectively.

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