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Industrial output grows 4.2% in June on good show by mining, power sectors

The factory output, measured in terms of the Index of Industrial Production (IIP) witnessed a growth of 4 per cent in June 2023

mining

In June this year, mining production rose 10.3 per cent.

Press Trust of India New Delhi

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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.


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Aug 12 2024 | 5:55 PM IST

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