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Industrial Output India

India's industrial production grew 4.2 per cent in June this year, mainly due to a good show by the mining and power sectors, according to official data released on Monday. The factory output, measured in terms of the Index of Industrial Production (IIP) witnessed a growth of 4 per cent in June 2023. India's Index of Industrial Production increased by 4.2 per cent in June 2024, an official statement said. The data released by the National Statistical Office (NSO) showed that the manufacturing sector's output grew 2.6 per cent in June 2024 against 3.5 per cent in the year-ago month. In June this year, mining production rose 10.3 per cent, and power output increased 8.6 per cent. In the April-June quarter of this fiscal, the IIP grew 5.2 per cent compared to 4.7 per cent in the year-ago period.

Updated On: 12 Aug 2024 | 5:55 PM IST

Realty firm Mahindra Lifespace Developers Ltd is targeting a sharp increase in its annual sales of housing properties and industrial space to Rs 8,000-10,000 crore by 2027-28 fiscal on rising demand. Mumbai-based Mahindra Lifespace sold residential properties and industrial space worth Rs 2,698 crore in the last fiscal as against Rs 2,268 crore in the 2022-23 financial year. According to the latest presentation in an investor meet, Mahindra Lifespace has mentioned about the target to achieve Rs 8,000-10,000 crore worth of sales in the 2027-28 fiscal in its two verticals -- residential and industrial park. Mahindra Lifespace has been actively buying land and also partnering with landlords for the development of residential properties. It has also entered into the redevelopment of housing societies in Mumbai. During the last fiscal, Mahindra Lifespace reported a marginal decline in consolidated net profit to Rs 97.89 crore on lower income. Its net profit stood at Rs 101.43 crore in

Updated On: 17 Jun 2024 | 3:50 PM IST

Industrial and Logistics (I&L) sector leasing grew by 8 per cent YoY to touch 31.6 million sq. ft. in 2022 despite global headwinds, and a slowdown in e-commerce demand and dissipation of the post-pandemic need to hold additional inventories, a report said on Monday.

Updated On: 06 Feb 2023 | 6:32 PM IST

Extreme heat continued to scorch large swathes of south Asia this week, offering no reprieve after the hottest March on record in India

Updated On: 28 Apr 2022 | 2:30 PM IST

In May last year, IIP had shrunk 33.4% due to imposition of a nationwide lockdown to contain the spread of the Covid-19

Updated On: 13 Jul 2021 | 12:17 AM IST

Analysts polled by Reuters had expected industrial output contraction of 20.0 per cent in June

Updated On: 11 Aug 2020 | 7:38 PM IST

IIP had already shrunk by a record 16.7% in March which saw seven days of lockdown

Updated On: 13 Jun 2020 | 3:29 AM IST

The rise in the Index of Industrial Production (IIP) helped pull up cumulative growth in industrial output to 0.9 per cent in the April-February period of 2019-20,

Updated On: 09 Apr 2020 | 11:04 PM IST

From festive passenger vehicle sales to Alibaba's Singles' Day sales hitting $38 billion, here are the top headlines for the day

Updated On: 17 Jan 2020 | 7:54 PM IST

The rise in IIP helped pull up cumulative growth in industrial output to 0.6 per cent in the April-November period of FY20

Updated On: 11 Jan 2020 | 1:52 AM IST

October capital goods output down for ninth month

Updated On: 12 Dec 2019 | 11:11 PM IST

The data released on Monday shows that the Index of Industrial Production (IIP) fell by the highest margin since October 2011

Updated On: 12 Nov 2019 | 3:02 PM IST

According to the latest CSO data, IIP contraction in August has been further revised downwards to 1.4 per cent from the provisional 1.1 per cent decline estimated last month

Updated On: 11 Nov 2019 | 7:34 PM IST

Within manufacturing basket, capital goods logged 4.4 per cent growth whereas infrastructure and consumer non-durables registered 5.5 per cent and 10.3 per cent growth respectively

Updated On: 25 May 2018 | 6:58 PM IST