Industrial production grows 22.4% in March

PTIUpdated: Wednesday, May 12, 2021, 06:11 PM IST
article-image
Industrial production grows 22.4% in March | Photo by Miguel Á. Padriñán from Pexels

India's industrial production grew by 22.4 per cent in March, official data showed on Wednesday.

According to the Index of Industrial Production (IIP) data released by the National Statistical Office (NSO), manufacturing sector output surged 25.8 per cent in March 2021.

Mining output climbed 6.1 per cent and power generation increased by 22.5 per cent in March.

The IIP had shrunk by 18.7 per cent in March 2020.

During 2020-21, IIP contracted 8.6 per cent compared to 0.8 per cent contraction in 2019-20.

Industrial production has been hit due to the COVID-19 pandemic since March last year when it contracted by 18.7 per cent. The IIP had registered a growth of 5.2 per cent in February last year.

(To receive our E-paper on whatsapp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Daily Horoscope for Saturday, August 13, 2022, for all zodiac signs by astrologer Vinayak Vishwas...

Daily Horoscope for Saturday, August 13, 2022, for all zodiac signs by astrologer Vinayak Vishwas...

Meet Mukesh Chauhan, Rajasthan resident who tattooed names of 62 martyrs of different wars

Meet Mukesh Chauhan, Rajasthan resident who tattooed names of 62 martyrs of different wars

Mumbai: Western Railway achieves new milestone, as it earns over Rs 200 Crore through scrap sales

Mumbai: Western Railway achieves new milestone, as it earns over Rs 200 Crore through scrap sales

Cops likely to record Ranveer Singh's statement by August 22

Cops likely to record Ranveer Singh's statement by August 22

50 years old father of an illegal church held for molestation in Nerul

50 years old father of an illegal church held for molestation in Nerul