Industrial Output Shows a Marginal Growth

Industrial Output Shows a Marginal Growth

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SMEStreet Edit Desk
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India's industrial output maintained its growth of over 7 per cent for the second consecutive month in February, official data showed.

The General Index for the month of February 2018 stands at 127.7, which is 7.1 percent higher as compared to the level in the month of February 2017.

The cumulative growth for the period April-February 2017-18 over the corresponding period of the previous year stands at 4.3 percent.

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of February 2018 stand at 110.2, 130.1 and 136.1 respectively, with the corresponding growth rates of (-) 0.3 percent, 8.7 percent and 4.5 percent as compared to February 2017.

The cumulative growth in these three sectors during April-February 2017-18 over the corresponding period of 2016-17has been 2.3 percent, 4.6 percent and 5.2 percent respectively.

In terms of industries, fifteen out of the twenty three industry groups in the manufacturing sector have shown positive growth during the month of February 2018 as compared to the corresponding month of the previous year .

The growth rates in February 2018 over February 2017 are 3.7 percent in Primary goods, 20.0 percent in Capital goods, 3.3 percent in Intermediate goods and 12.6 percent in Infrastructure/ Construction Goods, the data shows.

Industrial growth