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India's Industrial Production up by 1.7 pc in January-19

India's Industrial Production up by 1.7 pc in January-19

India Blooms News Service | @indiablooms | 12 Mar 2019, 01:03 pm

New Delhi, Mar 12 (UNI) The Index of Industrial Production grew by 1.7 per cent and stood at 134.5 in January this year, the Government announced on Tuesday.

The cumulative growth for April-January 2018-19 stood at 4.4 per cent as against 4.1 per cent over the corresponding period of the previous year, the Statistics and Programme Implementation Ministry said here.

The Ministry said 11 out of the 23 industry groups in the manufacturing sector have shown positive growth in the first month of 2019.

According to the data, the IIP for Mining, Manufacturing and Electricity sectors for January 2019 grew by 3.9 per cent, 1.3 per cent and 0.8 per cent. The cumulative growth in the three sectors during April-January 2018-19 stood at 3.2 per cent, 4.4 per cent and 5.9 per cent respectively.

In the industry group, ‘manufacture of food products’ has shown the highest positive growth of 17.0 per cent followed by 16.4 percent in ‘Manufacture of wearing apparel’ and 10.4 per cent in ‘Printing and reproduction of recorded media’.

On the other hand, the industry group ‘Manufacture of furniture’ has shown the highest negative growth of -12.0 per cent followed by -9.0 per cent in ‘Manufacture of fabricated metal products, except machinery and equipment’ and -6.4 in ‘Manufacture of paper and paper products’.

The consumer durables and consumer non-durables have recorded a growth of 1.8 per cent and 3.8 per cent respectively.