New Delhi: The Industrial output of India rose to 4.2% in April this year. Data released by the Ministry of Statistics and Programme Implementation data revealed this.
The index of industrial production (IIP) surged as the manufacturing sector’s output grew 4.9% in April while Mining output rose by 5.1%. Power generation declined by 1.1% in April. Factory output measured in terms of the IIP grew 6.7% in April last year.
Also Read: Emirates announces new premium Economy service to these Indian cities
IIP is an index that out the growth of various sectors in the economy. The Eight Core Industries comprise more than 40% of the weight of items included in IIP. These Eight Core Industries are Electricity, steel, refinery products, crude oil, coal, cement, natural gas, and fertilizers.
Post Your Comments