Continuing its dismal performance, industrial growth fell further to 1.9% in September, mainly due to poor output from the manufacturing sector.
Growth in factory output, as measured in terms of the Index of Industrial Production (IIP), stood at 6.1% in September last year, as per the latest data released here.
During the April-September period this fiscal, IIP growth stood at 5%, as against 8.2% in the same period last year.
Meanwhile, the IIP growth figure for August this year has been revised downward to 3.59% from the provisional estimate of 4.1%.
Output of the manufacturing sector, which constitutes over 75% of the index, grew by only 2.1% in September, compared to 6.9% expansion in the same month last year, according to official data released today.
Mining output declined by (-)5.6% in September this year, as against a growth of 4.3% in the same month last year.
Capital goods production witnessed negative growth of (-)6.8% in September in comparison to a growth of 7.2% in the corresponding month of 2010.
Growth in production of intermediate goods slowed to 1.5% during the month under review from 4.6% in September, 2010.
Consumer non-durables output declined by (-)1.3% during the month in comparison to a growth of 5.8% in the corresponding month of the previous year.
However, electricity production improved, witnessing a growth of 9% in September this year, as against growth of a mere 1.8% in September, 2010.
