Industrial output rises 0.7% in September
The marginal growth – driven mainly by the manufacturing and electricity sectors – comes after two consecutive months of the figure falling.
India’s industrial output increased by 0.7% in September from that a year earlier. This marginal rise was primarily pushed by the manufacturing sector, which grew by 0.9%, and the electricity sector, which grew by 2.4%, according to data released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation.
The general index for September stands at 179.5, while the cumulative growth for the April-September period this year is 0.1% lower than that in the corresponding period of 2015. The 0.7% increase comes after two consecutive months of the figure falling – the Index of Industrial Production had dropped by 0.7% in August and by 2.5% in July.
The Index of Industrial Production is compiled using data from 15 agencies. They include: Department of Industrial Policy and Promotion, Indian Bureau of Mines, Central Electricity Authority, Joint Plant Committee, Ministry of Steel, Ministry of Petroleum and Natural Gas, Office of Textile Commissioner, Department of Chemicals and Petrochemicals, Directorate of Sugar and Vegetable Oils, Department of Fertilizers, Tea Board, Railway Board, Office of Jute Commissioner, Office of Coal Controller, Office of Salt Commissioner, and Coffee Board.